US Market opening - Nvidia Sparks Wall Street Rally; Nasdaq Leads Gains
What Happened
U.S. stocks opened sharply higher after Nvidia's blockbuster earnings and strong AI-driven revenue forecast reassured investors that demand for artificial intelligence infrastructure remains robust. The Nasdaq rose about 1% at the open, the S&P 500 gained 0.4%, and the Dow added around 35 points (0.1%). Nvidia jumped roughly 7-9%, while AI-linked and software stocks such as Salesforce, CrowdStrike and Okta also rallied following strong results and upbeat outlooks.
Key Takeaways
Strong earnings from Nvidia and other tech companies helped ease concerns about slowing AI spending, reviving risk appetite and pushing technology shares higher across Wall Street.