Nasdaq Soars as Nvidia Hits Unprecedented $4 Trillion Valuation

Holy smokes, the stock market is on fire! Nasdaq led the charge with a sizzling 0.65% gain on Wednesday, July 9th. The Dow Jones and S&P 500 weren't far behind, climbing 0.31% and 0.36% respectively. But let's talk about the real star of the show - Nvidia!

This chip-making giant shot up 2% during the session, leaving Microsoft and Apple in the dust. Nvidia just became the first company EVER to reach a mind-blowing $4 trillion market cap. That's right, FOUR TRILLION dollars! Their secret sauce? Providing the hardcore hardware that powers cutting-edge AI models. It's like they're the superheroes of the tech world!

But hold on, not everything's sunshine and rainbows. The tech rally hit a speed bump thanks to President Trump's tariff threats. He's targeting the Philippines, Iraq, Moldova, and Algeria with tariffs ranging from 20% to 30%. Talk about a gut punch to the global economy!

Trump's Tariff Threats Hit 20 Countries This Week

These four nations are just a few of the 20 countries that got slapped with tariff warnings starting July 7th. If no deals are made, these tariffs will kick in on August 1st. Brace yourselves, folks!

Trump already pushed back the original deadline from July 9th to August 1st, but markets are sweating bullets trying to figure out if this is just a high-stakes negotiating tactic or a sign of a major shift in trade policy. If these tariffs go live, get ready for some serious short-term chaos in global growth and a potential inflation party. Buckle up, it's gonna be a wild ride!