Nvidia has fallen, and bitcoin has crashed, but the US stock market continues to move forward under heavy pressure.

Despite the slump in nvidia stock prices, the volatility of the bitcoin market, and even the political uncertainty caused by Joe Biden's debate defeat, the S&P 500 index still maintains its upward momentum. This week, led by tech giants, the S&P 500 index achieved a weekly gain of 2%, its best performance since April. This week, growth tech stocks, including google, apple, microsoft, and Meta, all rose with the exception of nvidia. Market sentiment has improved significantly due to heavyweight economic data support for interest rate cuts. Many believe that the US economy is still in an expansionary phase, enough to avoid a recession, while the Fed

wallstreetcn02:55 ET

Apple Approves Epic Games' Marketplace App In Europe Amid Ongoing Feud

Apple Inc. (NASDAQ:AAPL) has approved the marketplace app of Epic Games, the creator of "Fortnite," for iPhones and iPads in Europe. This move comes amid a continuing conflict between the two tech beh

Benzinga00:24 ET

Non-farm employment boosts the expectation of interest rate cuts, S&P Nasdaq hits new highs again, Tesla rose nearly 38% in eight days, Nvidia stalled, and US Treasury yields fell sharply.

The US non-farm payroll report strengthens expectations of an interest rate cut in September. The US non-farm payroll report shows that 206,000 new jobs were added in June, higher than the expected 190,000, but significant downward adjustments in non-farm new employment in April and May offset the impact of June's better-than-expected numbers. In addition, the unemployment rate unexpectedly rose to its highest level in two and a half years, while wage growth fell to its lowest level in three years, increasing signs of a cooling labor market in the United States. Commentators say that solidifying expectations of an interest rate cut in September will require support from another round of data, as well as more importantly, inflation data next week and data next month. Analysts also say that recent data is "

wallstreetcn18:45 ET

Disney CEO Bob Iger Nears Purchase Of Women's Soccer Club, Could Set Record For Priciest Women's Sports Team

The Walt Disney Company (NYSE:DIS) CEO Bob Iger rejoined the company in the CEO role in November 2022.In addition to leading Disney, Iger may soon add sports team owner to his list of titles.What Happ

Benzinga16:30 ET

Study Links GLP-1 Drugs, Metformin to Lower Risk of Certain Cancers

Seeking Alpha15:04 ET

What's Going On With Google Shares Friday?

Google Inc. (NASDAQ:GOOG) shares are moving higher Friday afternoon possibly as the company faces significant challenges regarding its dependency on Apple's Safari browser.What's Happening: A new repo

Benzinga14:58 ET