Nvidia Reaches $4 Trillion Market Cap

Nvidia’s market capitalization reached $4 trillion, making it the first company in history to achieve this milestone. U.S. equities were up but relatively unchanged due to concerns over the impact of Trump administration tariffs. The Dow Jones Industrial Average, S&P 500, and Nasdaq all saw gains. AES was the best-performing stock in the S&P 500, while Merck announced a $10 billion acquisition of Verona Pharma. WPP shares plummeted as the advertising firm cut guidance. Vertical Aerospace shares dropped after announcing a share sale. Hershey and Wendy’s stocks fell after Wendy’s CEO resigned to join Hershey. Oil futures rose, gold and copper prices fluctuated, and major cryptocurrencies saw gains.

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