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It’s minute time on Yahoo Financial Markets.
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U.S. stocks were on track to end a week of gains as technology stocks led the market higher and U.S. antitrust regulators approved Nvidia’s investment in Intel.
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Back in September, Nvidia said it would invest $5 billion in the troubled chipmaker.
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The Federal Trade Commission concluded its review today and made the announcement without providing details about the investment.
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Meanwhile, the Trump administration has reportedly begun a review of Nvidia’s H200 chip exports to China.
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According to Reuters, the White House has launched a review that could lead to the first batch of chip shipments to China, but questions remain about the sales timeline and whether Beijing will allow Chinese companies to buy Nvidia chips.
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Existing home sales data showed a slight increase in November, but it did mark the third consecutive month of gains, with lower mortgage rates likely a driver.
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Homes sold in November typically go into contract in September or October, when mortgage rates are near year-to-date lows.
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