💨 Abstract

Wall Street shares rose on Thursday, boosted by earnings from Meta, despite a dip in the dollar and strong gold prices. The Fed maintained interest rates, and the dollar weakened due to no rush to cut rates again. Gold neared record highs as the first earnings from the "Magnificent Seven" megacap tech stocks received mixed reactions, with investors scrutinizing AI spending plans in light of the emergence of low-cost Chinese startup DeepSeek.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖