U.S. indices rally on September rate cut hopes; technology stocks rebound with Nvidia soaring over 12%

S&P: 5,522.30 (+1.6%)
DJIA: 40,842.79 (+0.2%)
Nasdaq-100: 19,362.43 (+3.0%)
Eurostoxx: 4,872.94 (+0.7%)
US crude futures: 77.91 (+4.3%)

The Federal Reserve kept its interest rates unchanged at the FOMC meeting yesterday, broadly in line with expectations. U.S. indices rallied as hopes of a September rate cut strengthened. The Nasdaq-100 surged over 3.0% led by gains in technology and chip stocks as Nvidia soared over 12%. The S&P 500 gained 1.6%, posting its best day since February, while the Dow Jones edged up close to 100 points, gaining 0.2%.

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