ReferIndia News Wall Street Surges: Intel and Nvidia Drive Tech Rally

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Wall Street Surges: Intel and Nvidia Drive Tech Rally

Published on: Sept. 19, 2025, 4:49 p.m. | Source: Devdiscourse

Wall Street's major indexes reached record highs after the Federal Reserve announced an interest rate cut. Intel shares skyrocketed following Nvidia's $5 billion investment. The technology sector saw significant gains, with Nasdaq and S&P 500 technology sectors rising. Despite interest rate cuts, consumer staples and discretionary stocks underperformed.

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