"Wall Street Rises on Anticipation of Key Economic Data"

Wall Street experienced gains as investors awaited upcoming economic data, including key inflation and jobs reports, which will provide further insight into the Federal Reserve's interest rate trajectory. The S&P 500, Nasdaq, and Dow Jones Industrial Average all rose. Megacap stocks had mixed performance, with Nvidia and Meta Platforms rising, while Tesla and Amazon dropped. 3M surged after reports of a potential $5.5 billion settlement for lawsuits related to defective combat earplugs. Goldman Sachs also gained after announcing the sale of an investment advisory business. China's decision to halve the stamp duty on stock trading boosted U.S.-listed shares of Chinese companies.