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Nasdaq Hits Record as Nvidia Fuels Market Surge

7/9/2025

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Summary

Story summary

The Nasdaq Composite achieved a record close on Wednesday, driven by Nvidia's $4 trillion market cap.
The Dow Jones climbed by 218 points (0.5%), and the S&P 500 increased by 0.6%.
Investors responded positively to Federal Reserve meeting minutes suggesting possible interest rate cuts.
Major tech stocks like Meta and Microsoft gained traction due to renewed interest in AI.

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Story summary

The Nasdaq Composite achieved a record close on Wednesday, driven by Nvidia's $4 trillion market cap.
The Dow Jones climbed by 218 points (0.5%), and the S&P 500 increased by 0.6%.
Investors responded positively to Federal Reserve meeting minutes suggesting possible interest rate cuts.
Major tech stocks like Meta and Microsoft gained traction due to renewed interest in AI.