Market Rally Split; Nvidia Triggers Massive Chip, AI Rally, But Breadth Still An Issue: Weekly Review
The stock market rally continued to diverge. The Nasdaq rose solidly, as Nvidia (NVDA) skyrocketed on strong Q1 earnings and blowout guidance, lifting many other chip and AI chips. The S&P 500 was little changed after erasing losses. The Dow Jones fell but did rally back above a key level.…
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