U.S. stocks ended Thursday around the unchanged mark as investors awaited fresh inflation data, with the Nasdaq able to eke out a slight gain after data showed a continued slowdown in economic activity, raising investors’ hope for rate cuts. “The market is in a bit of a holding pattern here for the PCE because there…
READ MOREhe S&P 500 and the Nasdaq fell on Friday weighed down by chip stocks, while investors also assessed stronger-than-expected U.S. business activity data. AI chip firm Nvidia dropped 4.4%, after losses in the previous session saw its market valuation fall back below that of Microsoft. Semiconductor stocks Qualcomm, Broadcom, Micron Technology and Arm Holdings were…
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