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US Stocks Close Higher Amid Nvidia Earnings Surge, Tariff Uncertainty Rattles Traders
US Stocks Close Higher Amid Nvidia Earnings Surge, Tariff Uncertainty Rattles Traders
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US equities edged higher Thursday as Nvidia’s blowout earnings temporarily overshadowed mounting trade policy turbulence. The S&P 500 closed up 0.3% after paring gains from an intraday peak of 0.9%, while the Nasdaq Composite’s 1.5% surge dwindled to a 0.2% advance by the closing bell.
A federal court’s overnight invalidation of Trump-era reciprocal tariffs sparked whipsaw action across markets. The WHITE House secured an emergency appeals court reversal within hours, but not before exposing the fragility of trade policy frameworks. "Markets don’t like uncertainty—it turns forecasting into guesswork," noted Blue Chip Daily Trend Report’s Larry Tentarelli, echoing concerns that plagued Wall Street during last month’s tariff volatility.
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