US Stock Market Today: S&P 500 Up 0.5%, Tech-Heavy Nasdaq Extends Gains In Run-Up To Nvidia Earnings

In the latest trading session, the US stock market showed positive momentum, with the S&P 500 index climbing by 0.5%. This upward trend reflects investor optimism ahead of significant earnings reports, particularly from technology giant Nvidia. In early trading, Nvidia's stock experienced a modest increase of 0.6%, reaching $194 per share. The tech-heavy Nasdaq composite also extended its gains, buoyed by strong performances from technology stocks. Investor sentiment appears to be driven by anticipation of robust earnings from major firms in the sector, underlining the ongoing recovery in the market following recent volatility. As investors remain focused on the upcoming earnings announcements, particularly from Nvidia, analysts are keenly watching for indicators that may influence future market trends.
Originally reported by NDTV Profit. Read original article
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