Yonhap Infomax NewsWall Street opened mixed as April PPI surged 1.4% month-over-month and 6.0% year-over-year, significantly exceeding expectations and dampening Fed rate cut hopes, while Nvidia shares rose on speculation about H200 chip sales to China as CEO Jensen Huang joined Trump's Beijing visit.
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#YonhapInfomax #AprilPPI #FederalReserve #Nvidia #TrumpChinaVisit #InflationData #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=120382
Wall Street Opens Mixed as Hot April PPI Data Weighs on Sentiment
Wall Street opened mixed as April PPI surged 1.4% month-over-month and 6.0% year-over-year, significantly exceeding expectations and dampening Fed rate cut hopes, while Nvidia shares rose on speculation about H200 chip sales to China as CEO Jensen Huang joined Trump's Beijing visit.