Nasdaq gains on Nvidia earnings

The U.S. stock indices rose, led by the Nasdaq, supported by strong results from NVIDIA that exceeded market expectations, with its stock price soaring by 7.3%. Investors remain confident in the continued growth of technology stocks and their advances in artificial intelligence. Other companies, such as Salesforce and CrowdStrike, also experienced gains following upgrades to their full-year forecasts, further boosting confidence in the sector. Meanwhile, investor attention is now focused on inflation data and the Federal Reserve’s stance, as markets await the Federal Reserve Chairman's speech at the Jackson Hole symposium to gauge the future direction of interest rates.

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