Stocks Surge, Tech Stocks Falter: Government Shutdown Hope

Wall Street experiences a mixed day, with the Dow hitting a new high, driven by optimism over the government shutdowns potential end. Tech stocks, however, face headwinds, with Nvidia and CoreWeave shares dropping due to AI spending concerns and revenue forecast cuts, respectively. The broader market remains hopeful for the shutdowns resolution, anticipating clearer economic insights.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.