Rally on Wall Street.
London, 22 February 2024
Nvidia Soars Sending The S&P 500 at New Record High.
Following Nvidia's results that above expectations, the S&P 500 reached a new high, the Nasdaq gained more than 2%, and the Dow Jones increased by around 220 points.
As the business reported record sales and gave optimistic guidance despite strong demand, Nvidia's shares increased by more than 15%, indicating that the AI-fuelled surge is likely to continue. Source: Trading Economics