Major U.S. stock indexes rose on China stimulus; Nvidia up, Visa down on lawsuit

From Yahoo Finance: 2024-09-24 13:33:17

Major U.S. stock indexes rose after China announced new stimulus measures to boost its economy. Shares of Chinese and China-exposed U.S. companies surged, with gold miners also gaining as the price of gold reached a record high. Nvidia’s stock climbed on strong demand for its GPUs, while Visa’s shares fell amid reports of a lawsuit for alleged monopolistic practices. Regeneron Pharmaceuticals shares dropped after a patent ruling, and oil futures rose. The U.S. dollar saw mixed performance against major currencies, and most cryptocurrencies were lower. (Word count: 79)



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