Nvidia Tops $4 Trillion Amid Market Rally

U.S. and global stock markets remained resilient despite President Donald Trump's announcement of a 50% tariff on copper and new punitive tariffs on exports from several countries, scheduled to begin August 1. Investors viewed the delayed implementation and negotiation options as signs that the measures could be softened or reversed. Tech stocks led the rally, with Nvidia making history as the first public company to briefly exceed a $4 trillion market capitalization, overtaking both Apple and Microsoft. Both the Nasdaq and S&P 500 reached record highs, driven by strong performances from major technology firms and continued optimism about artificial intelligence. Other market sectors showed mixed results, but overall sentiment was positive, supported by expectations of potential Federal Reserve rate cuts later in the year. Analysts said the market's calm reflects confidence in economic growth and ongoing deal-making despite policy uncertainty.