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Wall Street Extends Record Highs Ahead Of Key Inflation Report, Bitcoin Hits $50,000, NVIDIA Surpasses Amazon: What’s Driving Markets Monday?

Wall Street kicked off the week on a high note, with the S&P 500 and Nasdaq 100 reaching new highs in anticipation of the January inflation report scheduled for this Tuesday.

AMZN

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January Inflation Expected To Fall To 3-Year Low: How Will Markets React?

Investors await January's inflation data with optimism, as economists forecast a significant dip in the inflation rate, potentially signaling a shift in interest rate trajectories. Here's what to expect from the upcoming report and how it could sway the markets.

DIA

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Reported Earlier, ‘Biden-Harris Administration Announced It Expects To Invest Over $5B In Semiconductor-Related Research, Development, And Workforce Needs, Including In The NSTC, To Advance President Biden’s Goals Of Driving R&D In The U.S.’

https://www.whitehouse.gov/briefing-room/statements-releases/2024/02/09/fact-sheet-biden-harris-administration-announces-over-5-billion-from-the-chips-and-science-act-for-research-development-and-workforce/The

AMD

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Mixed Fortunes For Tech Giants, Powell Signals No March Interest Rate Cut, Spectacular January Jobs Report: This Week In The Markets

Tech earnings show mixed results, with some outperforming and others falling short. Fed keeps rates steady, strong job growth in US. AI giants struggle, while Meta and Amazon impress.

AAPL