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Yahoo Finance Markets Reporter Josh Schafer joins Josh Lipton on Asking for a Trend to review takeaways from the trading day.
Nvidia (NVDA) shares closed at a record high, driven by the chip maker's rally.
Investors consider what President-elect Donald Trump's tariff policy will look like after Trump denied reports from the Washington Post claiming tariffs may be less significant than expected, fueling moves in the US dollar (DX=F).
The market is waiting for the job report set to be released on Friday, which could contribute to the equity and bond market movement and provide insight into the Federal Reserve's next move.
To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.
This post was written by Naomi Buchanan.