From Nasdaq:

Wall Street indexes rose after Federal Reserve Chair Jerome Powell hinted at a rate cut later this year, citing decreased inflation. Traders predict a 72.7% chance of a rate cut in June. U.S. private payrolls slightly underperformed in February, with job openings and hiring also declining. Stock sectors saw gains, with the Dow up 0.58%. Nvidia and chip rivals showed growth, while Tesla fell. JD.com shares soared 17.2% on strong revenue reports. Cryptocurrency-linked companies like Coinbase and MicroStrategy gained as bitcoin rebounded, while CrowdStrike forecasted strong annual results. S&P and Nasdaq indexes recorded new highs and lows as advancing issues outnumbered decliners on NYSE and Nasdaq.

Sources: Reuters, Nasdaq.



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