Dow Retakes 50k as S&P Tops 7,500 and Cisco Jumps 13% on Job Cuts

On today's episode of Market Brief – After Hours, the Dow retakes 50,000 and the S&P 500 closes above 7,500 for the first time, as Cisco surges 13% on a strong earnings beat and Nvidia climbs on China chip export approval. Import prices came in nearly double the forecast, raising fresh inflation concerns, while GBP/USD fell sharply despite the UK posting its strongest G7 quarterly growth. We also cover Cerebras Systems' 68% Nasdaq debut, a sharp pullback in Silver, and Bitcoin briefly crossing $82,000 as the Senate advances new digital asset legislation. Hosted on Acast. See acast.com/privacy for more information.