Stocks edge higher on Wall Street
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Nvidia, Wall Street
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World shares have mostly gained after a rally in U.S. tech stocks lifted the Nasdaq to an all-time high and helped Wall Street claw back earlier losses.
The Italian candy maker behind Ferrero Rocher is close to buying the cereal conglomerate for about $3 billion, [The Wall Street Journal reported](
If this Wall Street analyst is correct, Nvidia shareholders will see monster returns through the end of the decade.
World shares are mostly higher, with financial markets shrugging off U.S. tariff pressures on its trading partners
Apollo, for one, expects just one rate cut in 2025. JPMorgan strategists forecast two. Goldman Sachs last week updated its prediction to three, starting in September, arguing that moderating growth and elevated borrowing costs will force the Fed’s hand.
In Washington, the Senate narrowly passed the “One Big Beautiful Bill Act” on July 1 in a 51–50 vote, with Vice President JD Vance breaking the tie. The House passed the bill on July 3 in a 218-214 vote.
Financial market participants have pushed out yet again the end date for the effort to shrink the size of the Federal Reserve's large balance sheet, the minutes of the U.S. central bank's June 17-18 policy meeting showed on Wednesday.
21hon MSN
Wall Street was relatively quiet with major indexes ticking up modestly as the Trump administration seeks to win more favorable deals with global trading partners.