Nvidia market cap value surpasses Microsoft

The world’s most valuable company Nvidia overtakes Microsoft in terms of market cap following a 170 per cent rally this year. Treasury yields fall following lower-than-expected retail sales numbers bolster hopes of a Fed rate cut later this year. Luxury trainer maker Golden Goose shelves plans to list on the Milan stock exchange blaming a deterioration of market conditions following the recent European elections. And in the UK, inflation looks set to return back to target – the last print before next month’s general election.