Nvidia Drives Market Gains as Major Indexes End Flat

The major market indexes ended the day largely unchanged, with the Dow Jones Industrial Average rising 0.4%, the S&P 500 adding 0.5%, and the Nasdaq Composite increasing 0.4%. The modest gains were largely due to a strong performance by Nvidia, which jumped 3.8% to $225.67.

Nvidia's surge was significant enough to boost the Nasdaq Composite index by itself, with no other stock contributing more than 0.1%. Meta Platforms came close, but its 2.9% gain still fell short of Nvidia's impact.

Excluding Nvidia and Meta from the calculation would have resulted in a decline for both indexes, highlighting their outsized influence on the market.