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What is the latest on Wall Street?

Asked 1 day ago

Answer

Wall Street is showing relative stability after President Trump extended the tariff deadline, with the Dow down but less volatile. Nvidia reached a $4 trillion market cap, driving tech sector gains. Retailers are mixed, and Tesla shares are under pressure following Elon Musk's political announcements.

References

Nvidia hits $4 trillion in market cap milestone despite curbs
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CNBC
2 days ago
Nvidia hits $4 trillion in market cap milestone despite curbs

Nvidia becomes the first company to hit $4 trillion in market cap, making it the world's most valuable company despite export curbs.

Investors adjust to Trump's tariff threats
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CBS America
2 days ago
Investors adjust to Trump's tariff threats

Tech, especially AI and Nvidia, is driving the market, while consumer discretionary sectors like retail are down year to date.

Wall Street reacts to Trump pushing back tariff deadline
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CBS America
3 days ago
Wall Street reacts to Trump pushing back tariff deadline

The Dow is down, but less so than the previous day after Trump pushed the tariff deadline to August 1, leading to more stability.

Wall Street reacts to Trump pushing back tariff deadline
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CBS America
3 days ago
Wall Street reacts to Trump pushing back tariff deadline

Investors are more comfortable with uncertainty as the tariff deadline is extended, with cautious optimism for more trade deals.

Tesla shares under pressure after Musk announces new political party
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CNBC
4 days ago
Tesla shares under pressure after Musk announces new political party

Tesla shares are under pressure after Elon Musk announced plans for a new political party, with investors preferring he focus on Tesla.

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