"Nvidia and Tech Surge Propel S&P 500 and Nasdaq to Record Highs"

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Source: Yahoo Finance
"Nvidia and Tech Surge Propel S&P 500 and Nasdaq to Record Highs"
Photo: Yahoo Finance
TL;DR Summary

The S&P 500 and Nasdaq Composite closed at record highs, driven by a tech rally led by Nvidia, which saw its market cap surpass $3 trillion. Optimism for potential interest rate cuts amid signs of a cooling economy and slowing labor demand also contributed to the gains.

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