US Stock Market Today: Wall Street Edges Higher Ahead Of Fed Minutes; Nvidia Shares Jump

Wall Street witnessed modest gains as investors awaited the Federal Reserve's minutes from its latest policy meeting. Notably, shares of Nvidia surged by 2% following Meta's announcement of utilizing millions of Nvidia chips for its data center expansion. This development underscores the growing demand for advanced computing technologies, particularly in data-intensive sectors such as social media and cloud services. Analysts suggest that Nvidia's robust performance reflects broader trends in the tech industry, where investments in infrastructure are increasingly vital for companies aiming to enhance their operational capabilities. As the market anticipates insights from the Fed, which could influence future monetary policy, the focus remains on how these developments will affect investor sentiment and market dynamics in the coming days.
Originally reported by NDTV Profit. Read original article
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