Nasdaq Surges as Nvidia Drives Tech Stocks Higher

The stock market surged on Wednesday with Nvidia leading the way, pushing the Nasdaq Composite to a new record close. The Dow Jones Industrial Average rose 0.5%, the S&P 500 was up 0.6%, and the Nasdaq Composite gained 0.9%.

The Nasdaq surpassed its previous closing high, while the S&P 500 came close to its own record. The yield on the 2-year Treasury note fell to 3.86%, and the 10-year yield dropped to 4.34%. Market optimism remains high with tech stocks leading the charge.

Read more at Barron’s: Nasdaq Hits Record as Nvidia Leads Tech Higher