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Why Is Nvidia (NVDA) Stock Rocketing Higher Today - Investing.com Canada

Retrieved on: 2024-08-13 23:31:32

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Why Is Nvidia (NVDA) Stock Rocketing Higher Today - Investing.com Canada. View article details on hiswai:

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Nvidia's stock surged due to lower-than-expected US producer price index (PPI) growth, indicating cooling inflation and raising the likelihood of a Fed interest rate cut. This impacted Nvidia's Nasdaq-listed shares, reflecting market optimism and volatility.

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