US EditionAsian Shares Are Mixed After Nvidia Nudges Nasdaq to a Record, While Other US Stocks Slump
UNITED STATES, JUL 15 – Inflation concerns and Federal Reserve uncertainty weigh on stock markets globally while Nvidia rises 4.4% after US government confirms AI chip licensing.
- On Tuesday, most U.S. stocks fell, with the S&P 500 dropping 0.4% to 6,243.76 while Nvidia pushed the Nasdaq to a new record.
- The stock decline followed an inflation report showing core inflation rose 0.2% monthly, below expectations, amid tariff-driven price pressures.
- Treasury yields rose with the 10-year note climbing to 4.48%, reflecting concerns about inflation and potential limits on Federal Reserve rate cuts.
- Jamie Dimon, CEO of JPMorgan Chase, warned tariffs and other risks threaten economic stability despite the bank beating profit forecasts by 0.7%.
- The market reaction and rising yields indicate caution as traders still expect eventual Fed rate cuts but Powell prefers to wait for more tariff impact data.
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Stocks Slump After Latest Inflation Update
Most US stocks slumped on Tuesday after the latest update on inflation hurt Wall Street's hopes for lower interest rates. The S&P 500 fell 24.80 points, or 0.4%, to 6,243.76. Some 90% of stocks within the index dropped. The Dow Jones Industrial Average fell 436.36...
·Miami, United States
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The New York Stock Exchange ended in dispersed order on Tuesday, undermined by the latest developments on the commercial front and by the figures of US inflation, NASDAQ profiting for its part from the rise of Nvidia.
·Montreal, Canada
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Most US stocks slump, but Nvidia nudges Nasdaq to another record - WSVN 7News | Miami News, Weather, Sports
NEW YORK (AP) — Most U.S. stocks slumped on Tuesday after the latest update on inflation hurt Wall Street’s hopes for lower interest rates.The S&P 500 fell
·Miami, United States
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Coverage Details
Total News Sources52
Leaning Left19Leaning Right3Center14Last UpdatedBias Distribution53% Left
Bias Distribution
- 53% of the sources lean Left
53% Left
L 53%
C 39%
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