Wall Street rebounds as energy shares climb
Wall Street indexes recovered on Thursday as higher oil prices lifted energy shares, offsetting concerns over Nvidia following its CEO's exit. Investors are now awaiting upcoming inflation data.
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NVIDIA CORP shares fell 4.2% on Thursday morning after CEO Jensen Huang's exit, while broader Wall Street indexes climbed as energy shares gained 1.3%. The decline follows retail investors buying $111M in stock during the first half hour of trading. The rotation marks a shift away from concentrated tech leadership toward cyclical sectors.
