S&P 500 rises, Nasdaq jumps 2% in recovery rally after Nvidia-led sell-off!
👉 Recovery from sharp sell off sparked by the emergence of Chinese start up DeepSeek

🇺🇸 Markets
#DowJones +0.3%
#Nasdaq +2.03%
S&P500 +0.9%

Nvidia  
👍 On Tuesday:+9% , added +$255 billion of market cap. MCap gain is the 3rd largest single-day market cap gain for a stock in history 🤩
👎 On Monday: Lost -17% /$600 billion in market Cap

Tech peers Broadcom +2.6% & Oracle +3.6%

Key Cue on Wednesday 👉 Federal Reserve will also make its latest decision on interest rates. No rate cut is expected but street will look for an hint from Jerome Powell on prospective rate cuts

Earnings to track
4 out of 7 companies in the ‘Magnificent 7’ are set to post earnings
Wednesday 👉 Meta Platforms, Microsoft and Tesla
Thursday 👉 Apple

Other Assets
🇺🇸 10 year yield at 4.52%
💲 Dollar Index at 107.7
🪙Gold at $2,763/ounce.
⛽️ Brent Crude at 77.6$/barrel
💸 Bitcoin at 101915$
#DowJones #Nasdaq