Stock Market Today: Dow Futures Inch Higher; Nvidia, AMD to Give U.S. Cut on China Chip Sales — Live Updates
The Trump administration will receive 15% of the sales as part of a deal to approve exports of Nvidia's H20 chips and AMD's MI308 chips, according to people familiar with the matter.
Investors remain alert for any further news or details of President Trump's trade plans. Trump is yet to unveil his touted levies on pharmaceuticals. Plus, the White House has said Trump will soon issue an executive order clarifying which duties apply to imported gold bars .
Stock futures inched higher. U.S. stocks rose last week, despite the flurry of tariff updates. The Nasdaq Composite hit fresh record highs on both Thursday and Friday.
Treasury yields and the WSJ Dollar Index edged lower. Yields on 10-year notes fell below 4.27%.
European and Asian stocks rose. Japanese markets were shut for a public holiday.
Gold prices dropped 2%. Futures fell below $3,430 per troy ounce.
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Is Occidental Petroleum a Buy on the Dip?
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