ASX to rise, Wall St rallies broadly, Nvidia resets record high

Australian shares are poised to open higher, bolstered by broad gains in New York. Nvidia briefly traded above the $US4 trillion valuation mark, the first company to do so. Investors were paying less attention to the trickle of "trade" letters being released by President Donald Trump on his social media platform, with tariff rates mostly in line with what he previously proposed. Trump said he would levy a 30% rate on Algeria, Libya, Iraq and Sri Lanka, with 25% duties on products from Brunei and Moldova and a 20% rate on goods from the Philippines. CNN's Fear and Greed Index…