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Global Markets Dive as Nvidia Slips Amid Job Data

1/11/2025

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Summary

Story summary

Nvidia's stock decreased by 3% to $135.91, experiencing its first weekly loss in four weeks despite positive AI feedback from CEO Jensen Huang.
Global stock markets fell as U.S. jobs data surpassed expectations, heightening concerns over sustained high interest rates from the Federal Reserve.
Canada's TSX index declined by 1.3%, reflecting similar worries, even as the Canadian economy added 91,000 jobs in December.

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Story summary

Nvidia's stock decreased by 3% to $135.91, experiencing its first weekly loss in four weeks despite positive AI feedback from CEO Jensen Huang.
Global stock markets fell as U.S. jobs data surpassed expectations, heightening concerns over sustained high interest rates from the Federal Reserve.
Canada's TSX index declined by 1.3%, reflecting similar worries, even as the Canadian economy added 91,000 jobs in December.