Nasdaq Climbs 1.12% as Nvidia-Fueled Tech Rally Lifts Markets
NVDA•The Nasdaq Composite surged 1.12% to close at 26,121.16 and the S&P 500 climbed 0.72% to 7,537.43, while the Dow Jones rose 0.29% to 53,055.91. Nvidia led tech sector gains, driving semiconductor stocks higher and underpinning today’s market rally.
1. Market Index Gains
U.S. equity markets finished higher, with the Nasdaq Composite up 1.12% at 26,121.16, the S&P 500 gaining 0.72% to 7,537.43 and the Dow Jones Industrial Average rising 0.29% to 53,055.91 on broad-based buying.
2. Nvidia’s Sector Leadership
Nvidia shares outperformed and spearheaded a technology rally, lifting the semiconductor group and reinforcing investor confidence in AI chip demand across related hardware suppliers.
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