Nvidia Jumps as Tech Sector Ignites on Powell Speech

The stock market had a notable day as investors reacted to Federal Reserve Chairman Jerome Powell's speech. Nvidia, a leading tech company, saw its shares jump significantly.

Nvidia's stock price rose by 5% after Powell's comments on inflation and interest rates. The Fed chairman emphasized the need for a 'soft landing' in the economy, which is likely to be beneficial for tech companies like Nvidia.

The sector that saw significant gains was technology, with several companies experiencing notable increases in their stock prices. This includes Nvidia, as well as other tech giants such as those listed on the Leaderboard.