I just checked how the markets closed today, and Wall Street had a good day. The Dow Jones rose to 49,174 points, the S&P 500 reached 6,890 points, and the Nasdaq hit 22,863 points. After yesterday, which was complicated due to the new 15% tariffs, today recovered quite well.



The interesting thing is that Nvidia's quarterly report comes out tomorrow, and the market is paying close attention. It has been tough months for AI stocks, so everyone wants to see if the numbers justify the high valuations. Meanwhile, Home Depot surprised with better-than-expected results, and AMD jumped nearly 9% on a significant deal with Meta. Some analysts say that uncertainty in Washington plus doubts about whether the AI investment cycle is sustainable have put a lot of pressure on the indices.

Among the biggest movers were Salesforce, IBM, and Apple. Anyway, after yesterday’s drop, today’s market showed there’s still a desire to buy. We’ll see what happens when Nvidia’s numbers come out tomorrow, because that could change the sentiment. As any millionaire Pepe who understands markets would say, the reports from the big tech megacaps are what move the needle these days.
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