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Barchart
Rich Asplund

INSANE: Stocks soar on robust nvidia earnings - The Real Truth

The S&P 500 Index ($SPX) (SPY) today is up by +1.74%, the Dow Jones Industrials Index ($DOWI) (DIA) is up by +1.40%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +2.09%.  December E-mini S&P futures (ESZ25) are up +1.75%, and December E-mini Nasdaq futures (NQZ25) are up +2.14%.

US stock indexes are sharply higher today after Nvidia's robust revenue forecast eased valuation concerns and dispelled fears of a potential bubble in the artificial intelligence industry.  Nvidia is up more than 4% to lead chipmakers and AI-infrastructure stocks higher, sparking risk-on sentiment in asset markets.   

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