A soaring S&P 500 may delay interest rate cuts


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Wall Street is sure the stock market is going higher, thanks to blockbuster earnings last week from Nvidia. But that also will keep the Federal Reserve from cutting interest rates any time soon.
Investors enjoyed the last two days of the past week immensely thanks to the blowout earnings from chipmaker Nvidia.

But some of the unease that surrounded Nvidia (NVDA) before the company's earnings report remains in place.