Asia Markets Up, Europe Dips, While Crude Hovers Around $80, Gold $2,100 - Global Markets Today While Us Was Sleeping
Portfolio Pulse from Akanksha Bakshi
U.S. markets closed higher on Friday, led by Nvidia and a tech rally, despite a drop in ISM manufacturing PMI and consumer sentiment. Asian markets were mixed, with Japan's Nikkei reaching a record high. European markets and U.S. futures saw declines. Commodities showed mixed performance with crude oil slightly down and natural gas up. Nvidia's performance stands out due to the growing demand for artificial intelligence.

March 04, 2024 | 12:29 pm
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POSITIVE IMPACT
Nvidia led a spike in chip stocks due to growing demand for artificial intelligence, significantly contributing to the tech rally and overall market performance.
Nvidia's leadership in the chip sector rally, driven by increased demand for AI, directly contributed to its stock's positive performance and had a notable impact on the tech sector and broader market.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100