Overview
- Dow Jones, S&P 500, and Nasdaq showed recovery with Nvidia and Super Micro hitting record highs.
- Fed Chair Jerome Powell's comments on potential rate cuts this year spurred optimism in the market.
- Artificial intelligence stocks, particularly Nvidia and Super Micro, surged to new highs amid the market rebound.
- Investors are advised to be cautious as bullish sentiment reaches near-euphoric levels.
- Tesla's underperformance continues, hitting 10-month lows amid production halts and potential profitability concerns.