US shares ( ^GSPC, ^Ixic, ^DJI) closed higher as NVIDIA (NVDA) shares with more than 5%rose. This is powered by continuous investments of artificial intelligence (AI) of Big Tech, despite the first concerns about the expenditure for fewer capital expenditure (Capex).
Yahoo Finance Senior Reporter Josh Schafer joins asking for a trendhost Josh Lipton to note that large companies such as Microsoft (MSFT) and Alphabet (Googl, Googl) are going to benefit Nvidia ( NVDA).
Moreover, the 10-year-old Treasury yield (^TNX) fell to the lowest level since mid-December, which increased market sentiment, with sectors such as obtaining real estate.
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This post is written by Josh Lynch
