US stocks rallied today, looking for clues about the future direction of monetary policy ahead of the release of the minutes of the US Federal Reserve’s January meeting.
The Dow Jones Industrial Average rose 0.25%, or 127 points, to 49,660 points.
The S&P 500 rose 0.2% to 6,856 points, and the Nasdaq Composite Index rose 0.2% to 22,611 points.
data center
Nvidia shares rose 1.5% to $187.88 yesterday after Meta announced it would use millions of its chips to expand data center construction.
Amazon shares also rose 1.3% to $203.59 after the Pershing Square Fund increased its stake in the e-commerce company by 65% in the fourth quarter of last year.
US stocks rose at the start of trading today ahead of today’s release of the Federal Reserve’s January meeting minutes, looking for clues about the future of monetary policy.
The Dow Jones Industrial Average rose 0.25%, or 127 points, to 49,660 points.
The S&P 500 rose 0.2% to 6,856 points, and the Nasdaq Composite Index rose 0.2% to 22,611 points.
data center
NVIDIA stock rose 1.5% to $187.88 yesterday after Meta announced it would use millions of its chips to expand data center construction.
Amazon’s stock also rose 1.3% to $203.59 after Pershing Square Funds raised its stake in the e-commerce company by 65% in the fourth quarter of last year.
