Live: Nvidia Hits $4 Trillion, Dow, S&P 500, Nasdaq Post Gains, Trump Issues Tariff Notices
Nvidia reaches a $4 trillion valuation, the highest ever recorded. Dow, S&P 500, and Nasdaq record modest gains. Trump sends new tariff notices to several countries with rates up to 30%. Follow live updates on markets and trade policy.
US markets saw modest gains on Wednesday, led by strong performance in the technology sector, as Nvidia reached an unprecedented $4 trillion market value. At the same time, renewed tariff threats from former President Donald Trump kept investors on alert.
The Dow Jones rose slightly by 0.1%, the S&P 500 added 0.2%, and the Nasdaq posted a 0.5% gain, supported by continued demand for tech shares.
Nvidia took the spotlight, setting a new all-time high in valuation. The company became the first in history to briefly touch a $4 trillion market cap, driven by ongoing enthusiasm around artificial intelligence and chip development.
However, positive sentiment was met with growing concerns over trade policy. Trump released a new round of tariff notices aimed at countries including Iraq, Algeria, Libya, and the Philippines. These new rates, ranging from 20% to 30%, follow previous warnings to other nations. Trump emphasized that all countries must finalize trade agreements by August 1 — a deadline he says will not be extended.
Also Read: Robinhood or SoFi: Which Fintech Stock Offers Greater Long-Term Value?
In commodities, copper prices cooled off after hitting record highs earlier in the week. Trump signaled a possible 50% tariff on copper imports and suggested steep tariffs of up to 200% on pharmaceutical products, raising concerns across global markets.
Investors are also awaiting more clarity from the Federal Reserve. Meeting minutes due later today could offer insights into where officials stand on interest rate policy. Although rates were left unchanged in June, markets are still expecting potential cuts before the end of the year.
Stay with us for ongoing live updates...
Key Moments
- Nvidia hits $4T market value milestone.
- Dow, S&P 500, Nasdaq post small gains.
- Trump sends new tariff notices, up to 30%.
- Fed minutes awaited for rate signals.
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09 Jul 2025 12:46 PM
Nvidia Sets New Record, Becomes First Company to Reach $4 Trillion ValuationNvidia reached a historic milestone on Wednesday, becoming the first publicly traded company to hit a $4 trillion market capitalization. Around 9:40 a.m. ET, shares of the AI chipmaker traded near $164, marking a fresh intraday high and extending gains from Tuesday’s record close at $160.
This pushed Nvidia ahead of Apple’s all-time market cap peak of $3.91 trillion, achieved in December 2024. The surge underscores investor confidence in Nvidia’s leadership in artificial intelligence and semiconductor technology.
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09 Jul 2025 12:47 PM
Stocks Tick Up, Nvidia Advances, Tariff Deadline Nears
Wall Street opened slightly higher Wednesday, with the Dow and S&P 500 both up 0.4%. The Nasdaq also moved into positive territory after two days of losses.
Nvidia shares pushed higher again, approaching a fresh record and closing in on a $4 trillion market cap.
Markets remained cautious as Trump confirmed a new round of tariffs will begin August 1. Countries without trade deals face duties on imports, including a possible 50% rate on copper.
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09 Jul 2025 12:49 PM
Copper Falls 3% After Hitting Record, Tariff Worries Weigh on Market
Copper prices dropped 3% on Wednesday, pulling back from record highs set just a day earlier. The dip comes as markets react to Trump’s plan to impose a 50% tariff on copper imports.
Import volumes had surged in recent weeks, with buyers rushing ahead of expected policy changes. The US relies on foreign sources for about half its copper supply. Any new duties would likely push up costs across key sectors, including power infrastructure, vehicle manufacturing, and data centers.
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09 Jul 2025 12:51 PM
CoreWeave–Core Scientific Deal Lifts AI M&A Total Above $65 Billion
CoreWeave’s move to acquire data center firm Core Scientific has pushed this year’s total for AI-related mergers and acquisitions past $65 billion. The deal adds to a growing list of high-value transactions as large tech firms step up investments in infrastructure behind artificial intelligence.
M&A activity, which had slowed in recent quarters, is showing signs of recovery — with AI leading the rebound.
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09 Jul 2025 12:52 PM
Starbucks Stock Rises on Reports of Potential China Partnership
Starbucks shares rose up to 2% early Wednesday following reports the company is exploring partnership options for its China business. According to CNBC, offers have come from firms like Centurium Capital, Hillhouse Capital, and Carlyle Group.
The coffee chain is aiming to keep a significant stake while finding a partner that aligns with its long-term strategy in the region. Starbucks has faced strong competition from low-cost rival Luckin Coffee, which operates more than double the store count in China.
Same-store sales in China had fallen sharply in late 2023 but have recently stabilized, helped by lower pricing and more demand for zero-sugar products. Analysts expect modest growth in the next quarter. Starbucks shares are up over 5% this year, slightly behind the S&P 500’s performance.
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09 Jul 2025 12:55 PM
Merck to Acquire Verona Pharma in $10B Deal, Shares Jump 20%
Merck has reached a $10 billion agreement to acquire Verona Pharma, a UK-based company focused on lung treatments. The news sent Verona’s U.S.-listed shares up 20% in premarket trading.
The acquisition strengthens Merck’s respiratory drug pipeline as it looks to expand beyond its cancer blockbuster, Keytruda.
