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Nasdaq roars higher as Nvidia's AI optimism boosts tech-heavy index; Dow slumps

Por: MarketWatch Business May 25, 2023

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What’s driving markets Fears about the looming U.S.were offset Thursday by excitement about the prospects for artificial-intelligence technology after chip maker Nvidia’s results late Wednesday, resulting in a stark bifurcation between the Nasdaq and the Dow. Nvidia shares surged 25%. Depending on where Nvidia finishes Thursday’s session, the chip-maker could add more than $200 billion to its market capitalization, according to Dow Jones... + full article



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