S&P 500 Tops 6,900 Ahead Fed Rate Move, Gold Reclaims $4,000: What's Moving Markets Wednesday?

A powerful surge in AI-related stocks — led by a 9% advance in NVIDIA Corp. (NASDAQ:NVDA) over the past two sessions — propelled the S&P 500 above the 6,900 mark and lifted the Nasdaq 100 to 26,100 points, both breaking new records, as investors brace for the Federal Reserve's highly anticipated rate decision on Wednesday. • SOXX is poised for a potential breakout. Review the technical setup here.Nvidia made history on Wednesday by becoming the first company ever to surpass a $5 trillion market valuation, p ...