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S&P 500, Nasdaq advance as Nvidia jumps
Financial Express Pune
|May 30, 2025
THE S&P 500 and the Nasdaq rose on Thursday, boosted by Nvidia after the AI-chipmaker posted strong revenue growth, while investors also assessed a federal court ruling that blocked most of US President Donald Trump's tariffs.
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Nvidia added 4.8% after reporting higher-than-expected quarterly sales growth, driven by customers stockpiling AI chips ahead of US export restrictions on China. The company, however, warned that the new curbs are expected to cut $8 billion
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