Wall St ends higher; consumer prices, earnings eyed this week

July 11, 2023

Investors were digesting comments from several Fed officials who said on Monday additional rate hikes are needed to bring down inflation that is still too high, but the end to the U.S. central bank’s current monetary policy tightening cycle is getting close.

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US stocks: S&P, Nasdaq end over 1% higher as AI-fueled optimism weighs

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Michael Burry calls Nvidia ‘heck of a trade’ after Huang’s scandal sparks $430 bn selloff. Why is Big Short fame dismissing fears?

Michael Burry sees a near-term trading opportunity in Nvidia despite his broader concerns about AI valuations. The Big Short investor believes Jensen Huang’s personal controversy

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