"Tech Rebounds as Nasdaq Surges: Fed Meeting and Market Movers"

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Source: Yahoo Finance
"Tech Rebounds as Nasdaq Surges: Fed Meeting and Market Movers"
Photo: Yahoo Finance
TL;DR Summary

The Nasdaq surged as tech stocks, including Nvidia and Alphabet, led gains ahead of the Federal Reserve's meeting. Meanwhile, Tesla's stock rose after announcing price hikes for its Model Y vehicles. Oil prices jumped due to strong demand from China and lower exports from Iraq and Saudi Arabia. Disney secured more support in its proxy battle against activist investor Nelson Peltz, while Hertz stock sank following another CEO change. Additionally, Goldman Sachs predicts increased immigration will boost US economic growth, and homebuilder confidence hit its highest level since July.

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