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Key Takeaways
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Major U.S. stock indexes were slightly higher at midday Tuesday, as U.S.-traded shares of Chinese companies rose after Beijing unveiled a stimulus package to boost China’s economy.
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Nvidia shares climbed as Morgan Stanley analysts said the chipmaker is seeing strong demand for its Hopper and Blackwell GPUs.
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Shares of Freeport-McMoRan, Newmont, and other gold miners gained as the price of gold hit another record high.
Major U.S. stock indexes were slightly higher at midday Tuesday after China announced a new stimulus package to boost China’s economy. The S&P 500 and Dow climbed to record highs, while the Nasdaq was also in the green.
U.S.-traded shares of Chinese companies and shares of U.S.-based companies with significant exposure to China surged, with Caterpillar (CAT) leading gains in the Dow. Las Vegas Sands (LVS) and Wynn Resorts…
