Stock Market Today: Nvidia Rallies 5% On $500 Billion Booking Projection, Lifting Nasdaq and S&P 500 to Fresh Records

Market Overview - The U.S. market opened with positive momentum, with the Dow leading large cap indexes up by 0.66%, followed by the Nasdaq (+0.53%) and S&P 500 (+0.27%) [2] - The Federal Reserve is commencing a two-day FOMC meeting, with market expectations leaning towards an interest rate cut [5] Pre-Market Movers - PayPal saw a significant increase of 16.9% after announcing a deal with AI giant OpenAI [3] - Skyworks, an Apple supplier, rose by 12.9% as it plans to acquire Qorvo in a $22 billion semiconductor merger [3] - United Parcel Service (UPS) increased by 12% following earnings that exceeded analysts' revenue expectations [3] Market Losers - F5 Inc experienced a decline of 10% due to earnings that indicated a negative impact from a cybersecurity incident on short-term demand [4] - Alexandria Real Estate Equities fell by 8.8% after missing earnings [4] - Royal Caribbean Group dropped by 8.6% after missing revenue estimates and raising guidance [4]