Morning Bid: New highs as Nvidia tops Apple, ECB and BoC easing

A look at the day ahead in U.S. and global markets from Mike Dolan

Wall Street’s tech-led stock surge to new records has seen $3 trillion AI-champion Nvidia (NVDA.O), opens new tab replace Apple (AAPL.O), opens new tab as the world’s 2nd most valuable company in a market infused with interest rate cut excitement across the G7.

With the European Central Bank set to follow the Bank of Canada on Thursday with its first interest rate cut of the cycle, four countries of the G7 economic bloc will be in easing mode – with two more coming down the pike later this year.