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Nvidia and Intel led a rally for technology stocks after announcing a deal that includes a $5 billion investment.
On Thursday, the S&P 500, Nasdaq 100, Dow Jones and small-cap Russell 2000 all closed at all-time highs as investors celebrated the Fed’s move.
Intel’s stock jumped more than 20% Thursday after it announced a $5 billion investment from Nvidia, along with plans to cooperate on new technology for data centers and PCs.