Nvidia, Salesforce Lead Tech Stocks Higher Amid Surprise Profits
Tech stocks led Wall Street to gains on Thursday after several major companies reported unexpectedly high profits.
Nvidia, Salesforce, and others exceeded analyst expectations with their spring earnings, boosting investor confidence in the technology sector.
The S&P 500 index rose 0.7% and drew closer to its all-time high set earlier this month. The Dow Jones Industrial Average also saw gains of 172 points, or 0.3%, by 12:32 p.m. Eastern time, while the Nasdaq composite was up 1.4%.