Nvidia Powers US Stock Market to Strong Gains on Thursday
The major US stock indexes rose on Thursday, August 27, 2026, led by technology stocks. The S&P 500 climbed 0.7%, pulling closer to its record set earlier this month. Nvidia was a key driver of the market's gains, blowing past analysts' expectations for profit and providing a better-than-expected forecast for revenue growth.
The chip giant's performance helped calm worries in the AI industry. Treasury yields ticked higher on Thursday. The S&P 500 rose by 55.29 points to 7,730.99, while the Dow Jones Industrial Average added 105.56 points to 53,569.44.
The Nasdaq composite led the gains, climbing 1.6% to 26,541.35. The Russell 2000 index of smaller companies rose 8.44 points to 3,014.34. Over the week, the S&P 500 is up 56.62 points, or 0.7%, while the Dow is up 292.43 points, or 0.5%.