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.