US stocks trimmed gains on Wednesday after President Trump unveiled more tariff letters directed at US trading partners, while AI chipmaker Nvidia (NVDA) became the first company to ever touch a $4 trillion market cap.
The Dow Jones Industrial Average (^DJI) rose 0.1%, while the S&P 500 (^GSPC) gained 0.2%. The tech-heavy Nasdaq Composite (^IXIC) pared gains to edge up 0.5% in the wake of a downbeat day for the major gauges.
Nvidia (NVDA) stock hit a new intraday record, taking the crown of the most valuable company in history.
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