U.S. stocks surged Thursday with the Dow Jones Industrial Average and S&P 500 index on track for another round of records after Nvidia Corp.’s blowout earnings unleashed a wave of optimism that drove global markets higher. How are stocks trading
The Dow Jones Industrial Average
DJIA
added 400 points, or 1%, to trade at 39,012.
The S&P 500
SPX
rose 100 points, or 2%, to 5,082.
The Nasdaq Composite
COMP
surged 446 points, or 2.9%, to 16,025.
On Wednesday, the S&P 500 and Dow eked out gains to avoid a third day in the red, while the Nasdaq Composite wasn’t so lucky.
What’s driving markets Wall Street had seen timid trading at the start of the week as many investors feared the equity rally which took the S&P 500 index to a record close of 5,029.73 last Friday was vulnerable should earnings from mega-tech AI darling Nvidia
NVDA,
+15.35%
disappoint. They should have had more faith. After the close on Wednesday, the chip maker — which by then was back down from th …
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The Dow Jones Industrial Average
DJIA
added 400 points, or 1%, to trade at 39,012.
The S&P 500
SPX
rose 100 points, or 2%, to 5,082.
The Nasdaq Composite
COMP
surged 446 points, or 2.9%, to 16,025.
On Wednesday, the S&P 500 and Dow eked out gains to avoid a third day in the red, while the Nasdaq Composite wasn’t so lucky.
What’s driving markets Wall Street had seen timid trading at the start of the week as many investors feared the equity rally which took the S&P 500 index to a record close of 5,029.73 last Friday was vulnerable should earnings from mega-tech AI darling Nvidia
NVDA,
+15.35%
disappoint. They should have had more faith. After the close on Wednesday, the chip maker — which by then was back down from th …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]