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<US>DJIA Slips 269Pts at Close; Nvidia Soars 5% on Arab Supply Deal; S&P500 Reclaims Losses for Yr
The de-escalation of US-China trade tensions and the unexpected slowdown in US April inflation rate to 2.3%, the lowest in over four years, led to a broadly positive performance in...
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<US>DJIA Slips 269Pts at Close; Nvidia Soars 5% on Arab Supply Deal; S&P500 Reclaims Losses for Yr
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The de-escalation of US-China trade tensions and the unexpected slowdown in US April inflation rate to 2.3%, the lowest in over four years, led to a broadly positive performance in US stocks on Tuesday.

The S&P 500 and Nasdaq elevated, with the former closing up 42 points or 0.7% at 5,886, wiping off the year's accumulated losses and reclaiming growth. The Nasdaq finished up 301 points or 1.6% at 19,010. However, the DJIA was the exception, opening higher but eventually closing down 269 points or 0.6% at 42,140.

Related NewsInitial Jobless Claims for May/03 in United States is 228K, lower than the previous value of 241K. The forecast was 230K.
Most techs advanced, with Nvidia (NVDA.US)      set to send 18,000 AI chips to Saudi Arabia, leaping 5.6% and leading gains among the "Magnificent Seven". Chip peers also leaped, with Broadcom (AVGO.US)      and AMD (AMD.US)      both up 4%.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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