Nvidia Reclaims $5 Trillion and Intel Surges 24% as Nasdaq Hits Record

On today's episode of Market Brief – After Hours, Intel posted its best single day since 1987 with a 24% surge, Nvidia's market cap crossed $5 trillion for the first time, and both the S&P 500 and Nasdaq closed at fresh all-time highs — all while Brent crude posted a 17% weekly gain and US consumer sentiment fell to a record low of 49.8. European markets struggled broadly with Germany's business morale hitting its lowest level since May 2020 and the FTSE 100 logging a fifth straight daily decline. Organon rocketed 32% on a $13 billion takeover bid, Charter Communications crashed 25% on earnings, and the DOJ ended its investigation into Fed Chair Powell. We break down the full picture across global equities, oil, EUR/USD, GBP/USD, USD/CAD, USD/JPY, and gold. Hosted on Acast. See acast.com/privacy for more information.