The Nasdaq Composite closed higher on Thursday, buoyed by strong earnings reports from Nvidia and other leading technology firms, boosting investor optimism.
The tech-heavy index climbed 1.3%, while the S&P 500 gained 0.6%.
The Dow Jones Industrial Average increased by 163 points, or 0.3%.
Nvidia shares surged 8% after surpassing analyst expectations and issuing a robust revenue forecast.
The chipmaker is now projected to see revenue growth of up to 70% in fiscal 2028, significantly above the 44% anticipated.
Additionally, Nvidia’s revenue for the fiscal second quarter more than doubled, highlighting its strong performance.
Source (CNBC)
