U.S. markets little changed as investors weigh fresh tariff threats
2025-07-10 13:58:03
Main Idea
The S&P 500 remains near record highs amid positive market sentiment driven by Nvidia's $4 trillion valuation, while investors monitor potential tariff developments and broader market trends.
Key Points
1. The S&P 500 rose 0.06%, staying close to its record high, buoyed by Nvidia's surge to a $4 trillion valuation.
2. Nvidia's stock has increased 13% in the past month, 17% year-to-date, and 1,454% over the past five years.
3. Investors are focused on potential tariff actions involving the U.S., China, the U.K., India, and the EU.
4. Bitcoin reached a new all-time high above $112k, reflecting bullish sentiment in the cryptocurrency market.
5. Oil prices fell 1.5% to around $67, while gold remained steady near $3,335.
Description
The S&P 500 held near record highs as Wall Street remained upbeat despite new tariff concerns, with Nvidia stock up as the chipmaker became the first publicly listed company to hit $4 trillion. After closing 0.6% higher on Wednesday, the S&P 500 opened near the flatline and is hugging its record high zone. The S&P 500, the benchmark index, was up 0.06%, benefiting from the upbeat sentiment around Nvidia (NVDA), a company that has rode the overall bullish outlook for stocks to storm to the $4 tri...
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