"Markets Mixed as Inflation Data Looms, Nasdaq Hits Record"

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Source: Yahoo Finance
"Markets Mixed as Inflation Data Looms, Nasdaq Hits Record"
Photo: Yahoo Finance
TL;DR Summary

Nvidia and the Nasdaq reached record highs amid an ongoing AI rally, while Minneapolis Fed President Neel Kashkari suggested that interest rates might remain high for an extended period to combat inflation, though he did not rule out future rate hikes. The Fed's recent decision kept rates at a 23-year high, and upcoming inflation data will be crucial in determining future policy actions.

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