Dow Rises 300 Pts Before Fed Meet, Nvidia Drags Nasdaq Down

Ahead of the latest US Federal Reserve FOMC meeting, Wall Street witnessed mixed market trends. The Dow Jones surged over 300 points, reflecting investor optimism that the Fed may hold interest rates steady or signal a cautious outlook on future hikes.

On the other hand, tech-heavy Nasdaq faced pressure as Nvidia shares slipped, leading the decline in major tech stocks. Despite strong gains in banking and industrial sectors, the drag from big tech kept overall market sentiment balanced.

Investors worldwide are closely monitoring the Fed’s statements, as any indication regarding rate cuts or prolonged tightening could shape global market trends in the coming months.