Stock market today: Dow, S&P 500, Nasdaq jump as software leads AI relief rally ahead of Nvidia earnings
US stocks rose Tuesday, with software stocks leading the charge as Wall Street as worries over AI disruptions eased ahead of Nvidia (NVDA) earnings this week. The Dow Jones Industrial Average (^DJI) gained nearly 0.8%, or almost 400 points, while the S&P 500 (^GSPC) picked up roughly 0.8%. The tech-heavy Nasdaq Composite (^IXIC) gained about 1% as AMD (AMD) shares surged after the chipmaker entered a deal to provide Meta (META) with a huge amount of GPUs for the Facebook owner's AI build-out. The reboun ...