Miner Company
This Week's Market Wrap: Narrow Leadership, Oil And China Trip, And Hot Inflation
Strong earnings and guidance from companies tied to AI infrastructure, networking, semiconductors, and data centers pushed major indices to fresh record highs, with companies like Cisco Systems, Nvidia, Applied Materials, and Broadcom leading the momentum trade. Escalating tensions surrounding Iran, concerns over the Strait of Hormuz, and uncertainty following the summit between President Donald Trump and Chinese President Xi Jinping sent crude oil prices sharply higher, reigniting inflation fea
Strong earnings and guidance from companies tied to AI infrastructure, networking, semiconductors, and data centers pushed major indices to fresh record highs, with companies like Cisco Systems, Nvidia, Applied Materials, and Broadcom leading the momentum trade. Escalating tensions surrounding Iran, concerns over the Strait of Hormuz, and uncertainty following the summit between President Donald Trump and Chinese President Xi Jinping sent crude oil prices sharply higher, reigniting inflation fears and pressuring equities late in the week.