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News in English (USA) / 10.07.2025 / 13:00

Tech Stocks Drive Market Gains Amid Tariff Uncertainty

In a notable shift in market dynamics, major US stock indexes saw significant gains as tech stocks, particularly Nvidia, fueled a rally. The Nasdaq Composite reached a new record, supported by Nvidia achieving a remarkable $4 trillion market cap. Despite ongoing tariff threats from the Trump administration, investors appeared optimistic, focusing on growth in the tech sector, especially in artificial intelligence and electric vehicles. The S&P 500 also climbed, marking its first upward session in three days, while futures remained steady as traders navigated the mixed news environment. Asian shares showed gains, reflecting the positive momentum from Wall Street. Markets are keenly awaiting further developments relating to Federal Reserve rate cuts, which are now back in focus following recent minutes.
CNBC, Yahoo Finance, Reuters, "Investors Business Daily", AP News, Investopedia, USA Today, Bloomberg.com, MarketWatch, Nasdaq