Overview

• The S&P 500 rose 0.32% to 6,501.86 and the Dow added 0.16% to 45,636.90, while the Nasdaq climbed 0.53% to 21,705.16.
• Nvidia reported about $46 billion in quarterly revenue, underscoring persistent AI infrastructure spending despite signaling possible demand cooling.
• The chipmaker excluded potential China sales from its outlook due to trade uncertainty, and its shares slipped 0.82% after the report.
• U.S. data showed Q2 GDP revised up to 3.3% and weekly jobless claims lower, supporting the risk-on tone.
• Markets are focused on Friday’s PCE report, the Fed’s preferred inflation gauge, which could shift expectations for rate cuts; Mexico’s IPC also gained 0.86% alongside Wall Street’s advance.