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<US>Nasdaq Hits New Closing High, as Nvidia Sets New High; DJIA Dives 436Pts
Nvidia (NVDA.US) reached a new high on Tuesday after getting the greenlight from the US to deliver H20 chips to China, peaking at US$172.4 and closing up 4% at US$170.7. This prope...
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<US>Nasdaq Hits New Closing High, as Nvidia Sets New High; DJIA Dives 436Pts
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Nvidia (NVDA.US)      reached a new high on Tuesday after getting the greenlight from the US to deliver H20 chips to China, peaking at US$172.4 and closing up 4% at US$170.7. This propelled the Nasdaq to a new closing high, rising 37 points or 0.2% to close at 20,677.

However, key US inflation data and a series of bank earnings failed to excite investors, leading to weakness in the S&P 500 and DJIA. The S&P 500 dipped 24 points or 0.4% to close at 6,243, while the DJIA dived 436 points or 1% to close at 44,023.

Related NewsPPI MoM for Jun in United States is 0%, lower than the previous value of 0.1%. The forecast was 0.2%.
In addition to Nvidia, AMD (AMD.US)      also received US approval to resume sales of MI308 chips to China, with its stock soaring 6.4%.

The digital asset bill supported by US President Donald Trump was not passed by the US Congress, causing Bitcoin to slip 2%, busting below US$117,000. Crypto-related stocks traded lower, with Circle (CRCL.US)      down about 5% and Coinbase (COIN.US)      down over 1%.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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