[Chart courtesy of MarketWatch.com] The S&P 500 and Nasdaq started strong today as Wall Street tried to bounce back from last week’s AI scare. Nvidia led the charge, rallying just over 2% after its partnership with OpenAI sparked new debate about whether big infrastructure spending can keep the AI boom alive. Advanced Micro Devices and Micron Technology both jumped too, …
Inflation Data In Focus As Markets Attempt To Recover From Steep Losses
[Chart courtesy of MarketWatch.com] The markets began the session on a positive note, attempting to recover from last week’s steep losses. Although early upward momentum was briefly lost, bullish sentiment soon resumed, leading the major indexes to gain over 1% by the end of the day. In the S&P sectors, technology and communications were the top performers, each advancing by …