Tech Stocks move higher. U.S. major indices close higher. Nvidia rises after earnings

  • U.S. equities end higher driven by tech momentum and positive earnings news. Nvidia rises on AI demand while Salesforce tumbles on cautious guidance.

U.S. equities ended the day higher across the board, supported by upbeat tech momentum and optimism around earnings and trade developments.

  • Dow Jones Industrial Average rose 117 points to 42,215.73 (+0.28%)

  • S&P 500 gained 23.62 points to 5,912.17 (+0.40%)

  • Nasdaq Composite climbed 74.93 points to 19,175.87 (+0.39%)

Key Movers & Stories

  • Nvidia (NVDA) surged +3.24% to $139.18, continuing its post-earnings rally after yesterday's blowout results. The chip giant reported a 69% jump in quarterly sales, driven by AI demand.

  • Salesforce (CRM) tumbled -3.30% to $266.92 after issuing cautious guidance, which overshadowed otherwise solid earnings.

  • Costco (COST) slipped -0.43% to $1,008.74 ahead of earnings. Analysts expect EPS of $4.24, up 12.2% YoY, and revenue of $63.13B (+7.9% YoY).

  • Dell Technologies (DELL) edged down -0.18% to $113.57 ahead of its report. Street is watching for EPS of $1.70 (+33.9% YoY) and revenue of $23.18B (+4.2% YoY).

  • Meta (META) rose +0.23%, while Microsoft (MSFT) added +0.29%, helping lift the broader tech sector.

  • Amazon (AMZN) gained +0.48%, continuing a rebound on retail and cloud momentum.

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