US Stocks Mixed as Tech Boosts, Trade Deal Relief Drives Gains

Wall Street’s performance was mixed on Wednesday, with the S&P 500 edging upwards and the Dow Jones Industrial Average dipping. The positive momentum comes from easing trade tensions between the US and China after a new tariff agreement was reached. This resulted in gains for technology companies like Nvidia and AMD. Nvidia saw its stock soar 3% due to an announcement about sending AI chips to Saudi Arabia, while AMD gained over 4% following a $6 billion share buyback.