US stock market = sharp rebound, rise in NVIDIA to ease concerns about the US recession

8/7/2024 5:42 AM GMT+9

The US stock market suddenly rebounded and closed the deal. Concerns about the recession abated in response to statements made by US Federal Reserve (FRB) officials the day before, and all major sectors of the S&P Comprehensive 500 rose significantly. see more
The rise in semiconductor giant NVDA.O (NVDA.O) became the biggest boosting factor for S&P 500 (.SPX) and Nasdaq General (.IXIC).