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Monday, August 21, 2023

US stocks: Nasdaq rallies with Nvidia, tech shares

The Nasdaq and S&P 500 both rose on Monday, with Nvidia leading the gains in the technology sector. Investors are optimistic ahead of Nvidia's earnings report and have raised their price target on the stock. The Dow Jones ended slightly lower.

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Industrial output grows 5.8% in FY24, slows a tad in March

Numbers released by the National Statistical Office on Friday showed the index of industrial production (IIP) rose an annual 4.9% in March, ...