Rep. Ed Case has won the Democratic primary in Hawaii, positioning himself for a sixth full term in the deeply blue state. Case’s victory solidifies his hold on the seat as he prepares to continue representing Hawaii in Congress. With this win, Case is set to continue his legislative work in a state where Democratic candidates typically have a strong advantage.
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S&P 500 closes higher on soft inflation report, Nasdaq jumps 1% as traders snap up tech shares
The Nasdaq Composite rose 1.22% on Wednesday following a soft inflation report, with tech shares leading the gains; the S&P 500 increased by 0.49% and the Dow Jones slipped 0.2%. The tech sector bounced back, with Nvidia and AMD posting gains, as the consumer price index rose by 0.2%, easing concerns about stagflation and potential Fed responses to economic weakness amidst escalating trade tensions. Full Article
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