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The American stock market rose on Wednesday as the stock with the highest weight in the S&P 500 index, Nvidia, rose before the release of its earnings report after hours. Five out of the eleven sectors in the S&P 500 index saw gains, with technology, communication, and financial stocks leading the way. Matthew Maley, Chief Market Strategist at Miller Tabak, stated that the next significant trend in the American stock market will be determined by Nvidia's earnings report/guidance tonight. It remains one of the most crucial stocks among the most important "leaders" in the stock market.
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