"Stocks Surge as Nasdaq Nears All-Time High and Nvidia Hits $2 Trillion Market Cap"

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Source: Investor's Business Daily
"Stocks Surge as Nasdaq Nears All-Time High and Nvidia Hits $2 Trillion Market Cap"
Photo: Investor's Business Daily
TL;DR Summary

Carvana stock soared over 35% after reporting declining revenue but a strong outlook, while Nvidia continued its surge, crossing the 800 level after reporting triple-digit earnings and revenue growth. The Dow Jones, S&P 500, and Nasdaq composite saw modest gains, with Amgen and Nvidia leading early. The Nasdaq composite closed in on its all-time high, while the S&P 500 and Dow Jones marked new highs. Other notable movers included Live Nation, Super Micro Computer, and Square-parent Block, with the 10-year Treasury yield slipping to around 4.30%.

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