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HomeTrading RoomNasdaq Rises on Nvidia's Strong Revenue Outlook Boosting Chip Stocks

Nasdaq Rises on Nvidia’s Strong Revenue Outlook Boosting Chip Stocks

The Nasdaq Composite climbed on Thursday, boosted by strong earnings reports from Nvidia and other leading technology firms, which improved investor sentiment.

The tech-heavy index increased by 0.9%, while the S&P 500 gained 0.4%.

Meanwhile, the Dow Jones Industrial Average dipped by 50 points, or 0.1%.

Nvidia’s shares surged 6% after surpassing analyst expectations and issuing an optimistic revenue forecast.

Source (CNBC)

SourceCNBC
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