Stock Market Gains as Nvidia Beats Earnings Expectations
Nvidia's quarterly earnings beat raised investor confidence, pushing the tech-heavy Nasdaq Composite higher by 0.7% and the S&P 500 gaining 0.5%. The Dow Jones Industrial Average rose 0.1%, despite President Trump's escalating tariff threats. Investors are now assessing the impact of these tariffs on the market.
- This earnings beat may have masked deeper concerns about AI demand, as Nvidia's stock recovered from an earlier pullback, raising questions about whether growth is sustainable.
- Will investors continue to prioritize tech stocks over other sectors as they weigh the implications of President Trump's evolving tariff plan?