Stock market today: Dow, S&P 500, Nasdaq rise as TSMC's stellar earnings eclipse trade-war jitters
US stocks rose on Thursday as chip manufacturing giant TSMC's (TSM) stellar earnings buoyed AI demand hopes, taking minds off fears of a prolonged US-China trade war stoked by President Trump. The tech-heavy Nasdaq Composite (^IXIC) moved up nearly 0.5%, while the S&P 500 (^GSPC) put on roughly 0.3%, as Nvidia (NVDA) and other AI-related stocks floated higher in TSMC's slipstream. The Dow Jones Industrial Average (^DJI), which includes fewer tech stocks, added 0.2%. TSMC (Taiwan Semiconductor Manufactur ...