China, NVIDIA and Stock Futures
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Tech led US stocks higher on Tuesday as a key consumer inflation print showed inflation accelerated in June, big banks kicked off earnings season, and Nvidia was set to receive a green light for trade with China from the Trump administration.
Nvidia said it plans to resume sales of its best-selling H20 AI chip to China, days after CEO Jensen Huang met with President Donald Trump.
For strategists at JPMorgan Chase & Co. and Goldman Sachs Group Inc. as well as money managers in Hong Kong and Singapore, an opaque term has suddenly emerged as the catchphrase for deciphering Chinese policy intentions and navigating the stock market.
China's economic growth slowed to 5.2% year-over-year in Q2 2025, its weakest pace since Q3 2024 and down from 5.4% in the preceding two quarters. Despite this deceleration, the Q2 figure slightly exceeded the 5.
Jack Chan, EY China’s chairman, describes how the HKEX and SFC’s new Technology Enterprises Channel has streamlined the process for technology firms.
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US Stock market today climbed as Nvidia stock surged on hopes of renewed AI chip sales to China, with support from President Trumps trade policy shift. The S&P 500 gained 0.4% and the Nasdaq rose 0.8%,
Nvidia investors have been concerned about the loss of sales to an important market. The company announced it would resume AI chip sales to China after a pending approval from the Trump administration.
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Investor's Business Daily on MSNStock Market Today: Dow Falls As Trump Announces Trade Deal; AI Stocks Soar On China Chip News (Live Coverage)The Dow Jones index wavered Tuesday after the CPI inflation report. Nvidia stock surged on AI chip sales to China.