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1 day agoNvidia powers Wall Street surge as Fed rate cut hopes lift sentiment
Wall Street opened near record highs on October 29, buoyed by Nvidia’s market capitalization crossing $5 trillion and investor optimism over potential U.S. Federal Reserve rate cuts. The Nasdaq continued its upward trajectory, driven by gains in large-cap technology firms despite lingering macroeconomic concerns. Traders anticipate the Fed could announce easing measures before year-end as inflation stabilizes. Analysts said the combination of robust corporate earnings and monetary optimism is reinforcing investor confidence across equity benchmarks.
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positive
1 day agoNvidia powers Wall Street surge as Fed rate cut hopes lift sentiment
Wall Street opened near record highs on October 29, buoyed by Nvidia’s market capitalization crossing $5 trillion and investor optimism over potential U.S. Federal Reserve rate cuts. The Nasdaq continued its upward trajectory, driven by gains in large-cap technology firms despite lingering macroeconomic concerns. Traders anticipate the Fed could announce easing measures before year-end as inflation stabilizes. Analysts said the combination of robust corporate earnings and monetary optimism is reinforcing investor confidence across equity benchmarks.
Explore:Mutual Fund Tools
positive
Nvidia powers Wall Street surge as Fed rate cut hopes lift sentiment
1 day ago
1 min read
75 words
Nvidia’s $5 trillion valuation and prospects of a Fed rate cut boosted U.S. markets, with the Nasdaq rallying further despite concerns over economic uncertainty.
Wall Street opened near record highs on October 29, buoyed by Nvidia’s market capitalization crossing $5 trillion and investor optimism over potential U.S. Federal Reserve rate cuts. The Nasdaq continued its upward trajectory, driven by gains in large-cap technology firms despite lingering macroeconomic concerns. Traders anticipate the Fed could announce easing measures before year-end as inflation stabilizes. Analysts said the combination of robust corporate earnings and monetary optimism is reinforcing investor confidence across equity benchmarks.
Wall Street opened near record highs on October 29, buoyed by Nvidia’s market capitalization crossing $5 trillion and investor optimism over potential U.S. Federal Reserve rate cuts. The Nasdaq continued its upward trajectory, driven by gains in large-cap technology firms despite lingering macroeconomic concerns. Traders anticipate the Fed could announce easing measures before year-end as inflation stabilizes. Analysts said the combination of robust corporate earnings and monetary optimism is reinforcing investor confidence across equity benchmarks.
Companies:
Nvidia
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global
wall street
global
wall street
nvidia
fed
markets
Oct 29, 2025 • 15:13 IST