Nasdaq, S&P 500 jump as Nvidia, chip stocks lead tech gains Join Alpha Chasers to get access to members only live streams https://www.youtube.com/channel/UC7QHSNOKZvbqpXWFv0SiYDQ/join Stocks kicked off the week strong on Monday, led by a rally in tech and chipmakers as investors mulled over the Fed's "higher for longer" rate hints for 2025. 💻 Chip giants Nvidia (NVDA) and Broadcom (AVGO) surged over 3% and 5%, respectively, while Meta (META) and Tesla (TSLA) delivered robust gains, pushing the broader market higher. 📊 After a volatile week, Wall Street saw a breather as inflation showed signs of cooling, with the Fed’s preferred PCE gauge confirming the trend. However, a Fed dissenter reminded markets that "there's more work to do on inflation." 🛍 Consumer confidence tumbled in December, marking its biggest drop since 2020, as uncertainty clouds the economic outlook for 2025. With a lighter schedule this week and an early market close Tuesday ahead of the Christmas holiday, investors have time to reflect and recalibrate. Will the holiday cheer carry into 2025, or are markets bracing for more surprises? 🔔 Like and Subscribe! Timestamps: 0:00 Like & Subscribe Financial Disclaimer: The content presented in this video is intended for informational purposes only and should not be construed as financial advice or a recommendation to buy, sell, or hold any securities or investments. Investing in financial markets involves risks, and viewers are encouraged to conduct their own research or consult with a qualified financial advisor before making any investment decisions. The creators of this video are not responsible for any financial losses or decisions made based on the information presented.