[MARKET UPDATE] Upside seen in NQ, rising from 25,573 to 25,640 within a few minutes; NVDA +2% pre-market following reports that China approves some tech firms to purchase H200 chips
The rise in the NQ alongside a notable 2% pre-market increase in NVIDIA is indicative of positive sentiment driven by favorable regulatory news from China regarding tech firms.
Indian Foreign Exchange Reserves (Jan/16) 701.36 (Prev. 687.19, Rev. From 687.19)
China’s securities regulator has expanded futures market access for overseas investors
[MARKET UPDATE] Upside seen in NQ, rising from 25,573 to 25,640 within a few minutes; NVDA +2% pre-market following reports that China approves some tech firms to purchase H200 chips
Germany is reportedly in talks to provide around EUR 720mln in climate loans to South Africa, part of a total EUR 2.68bln funding pledge
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This development suggests potential for heightened demand in the semiconductor space, which could boost sentiment not only for NVIDIA but also for the broader tech sector as traders react to these regulatory approvals.
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