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Tech Stocks Boost Nasdaq as Nvidia and Walmart Drive Market Gains

Nvidia shares rise ahead of earnings, while Walmart hits record highs with optimistic forecasts.

  • Nvidia shares increased by 4.9% as investors anticipate strong earnings and updates on its AI chips.
  • Walmart's stock reached a record high after the company raised its annual sales and profit forecasts.
  • The S&P 500 rose by 0.4% and the Nasdaq gained 1%, driven by strong performances in technology stocks.
  • Super Micro Computer's shares soared 31.2% following a compliance plan to avoid Nasdaq delisting.
  • Global tensions influenced market sentiment, with investors remaining cautious about developments in Ukraine.
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