Strong bases on the main street and Wall -Story

The S&P 500 closed on Thursday at a fresh high level, subjected to the signs that both the main street and the Wall -Rate are still buzzing with life.

The revised data showed that in the quarter ended June, which ended, the rough domestic product increased by 3.3%, exceeding the consensus -a 3.1%Dow Jones, as well as the initial estimate of the 3%trade department.

A key measure called “Final Sales to Private Internal Customers” jumped up to 1.9% from the previous 1.2%, noted Jeff Cox CNBC. As depending on Bureau of Economic AnalysisThe image tracks “the cost of personal consumption and gross private fixed investment” or, in short, economic health of consumers and corporations. According to this criteria, it is supposed to have both played along even against the background of tariff uncertainty.

Shares NvidiaMeanwhile, 0.3%dropped despite reporting the profit that led the expectations. Seem Boom of artificial intelligence will be storedwho proposed other chips makers such as Broadcom and Micro -technology.

However, Nvidia’s dependence on several major clients-two of which made up a tremendous 39% of their revenue in the second quarter-excitement of concentration.

September has historically been The weakest month for the S&P 500Based on the data almanac trader. But with such bases in place – and a likely to reduce the rates According to the US Federal Reserve next month – this year may be atypical for stocks.

American GDP grew more than expected in the second quarter. On an annual basis, economy Expanded by 3.3%According to the second commerce assessment – above 3.0% of the initial assessment and 3.1% Dow Jones Consensus.

Two customers made 39% of Nvidia’s earnings in the second quarter. This is, according to the financial submission of the Nvidia financial submission on Wednesday. They could be either Cloud suppliers or manufacturers – But little is known about the identity of these customers.

The July Sales of Tesla in Europe plunged. There were Last month 8 837 new Tesla car registrationsCompared to 40% per year, according to the European Car Manufacturers Association. Meanwhile, Baid saw 225% an annual surge.

Another maximum for the S&P 500. A wide index added 0.32% on Thursday and closed above 6,500 level For the first time. Pan -European Stoxx 600 slid on 0.2% Despite the opening of the highest in the early trade.

(PRO) Opportun by the Orsted stock? Orsted shares, one of the world’s largest developers in the offshore winds, plunged into 40% in August amid the issue of financing and ordering on their project. But one analyst is just Updated his stock to “buy”.

Tripartite balance in India: tariffs, oil and difficult hands

The act of juggling India on the world stage never looked more complicated and more next. Washington is gaining tariffs, Moscow supplies New Delhi cheap oil, and Beijing is preparing to welcome Prime Minister Narendra Modi with Open Hands at the SCO summit this week.

Puts back and India’s position looks clearer. The US is his biggest client, but his most violent critic. Russia continues the light, but for a political price. China is an opponent next door, but too big to ignore.

– Spriha Srivastava