Nvidia's gains, crude oil rises and NASA taps SpaceX for rescue mission
Description
Stocks (^DJI, ^IXIC, ^GSPC) jumped last week, fueled by Federal Reserve Chair Jerome Powell's commentary on Friday that boosted investor confidence in a potential rate cut in September. We also cover a range of trending tickers, providing stock reactions and company updates for IBM (IBM), PDD Holdings (PDD), and Boeing (BA).
Takeaways:
- Nvidia has rallied in recent trading sessions but has failed to spark similar gains in the broader market.
- NASA is turning SpaceX for it's ongoing astronaut rescue mission instead of having them return on Boeing's Starliner.
- Crude oil prices take center stage as Middle Eastern tensions escalate.
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