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Home World Australia

Wall St muted after sharp rally ahead of Fed minutes

28 May 2025
in Australia
Wall St muted after sharp rally ahead of Fed minutes
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Wall Street’s major indexes were stable on Wednesday after a prior rally driven by eased trade tensions, with investors anticipating Nvidia’s earnings and the US Federal Reserve’s meeting minutes. Nvidia is projected to report a 66.2% rise in first-quarter revenue, boosting its shares by 0.2% ahead of the announcement. The Dow Jones rose 0.12%, the S&P 500 gained 0.07%, and despite some declines, several megacap stocks saw gains, while Capri Holdings surged nearly 9% post-positive earnings.

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Tags: aheadBusinessFedMarketsMinutesmutedrallysharpwall
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