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Goldman Sachs Maintains Marvell Technology(MRVL.US) With Buy Rating, Maintains Target Price $87
Technology stocks led the S&P to four consecutive gains, Oracle reached a new high after hours, the US dollar and US bonds fell, gold hit a new high, and commodities rose.
In August, the PPI in the United States showed a cooling down of inflation, and the market slightly raised its bets on the Fed's aggressive interest rate cuts. US stocks rose together, with Nvidia up nearly 2%, while NIO Inc and XPeng fell more than 5%. The European Central Bank cut interest rates for the second time this year, but maintained a restrictive policy. European bonds fell, and the euro rebounded from its four-week low. Commodities rose across the board, with US oil briefly rising by 3.7%, gold reaching a new high with a nearly 2% increase, palladium rising by over 4%, and copper experiencing its largest two-month increase.
$100 Invested In This Stock 5 Years Ago Would Be Worth $300 Today
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Express News | Semiconductor Shares Are Trading Higher Amid Possible Sympathy With NVIDIA. At the ABC 2024 Presidential Debate, Vice President Harris Said She Wants to Invest in American-based Technology to Win the Race on AI and Quantum Computing