Nvidia Leads Tech Rally as Markets Overlook Geopolitical Tensions
TL;DR Summary
U.S. stocks closed mostly higher on Tuesday, with the S&P 500 and Nasdaq 100 gaining due to strong performances by Nvidia and major tech stocks, despite early losses triggered by escalating Ukraine-Russia tensions. Nvidia surged 4% ahead of its earnings report, while Walmart's robust earnings also supported the market. The Dow Jones fell slightly, influenced by geopolitical concerns and weaker-than-expected U.S. housing data. Interest rates saw a decline as investors sought safe-haven assets amid the conflict, with European bond yields also dropping.
- Stocks Settle Mostly Higher on Strength in Nvidia and Big Tech Nasdaq
- Nasdaq jumps 1% as Wall Street looks past Russia-Ukraine tensions, Nvidia shares surge: Live updates CNBC
- Stocks rise with cooling geopolitics ahead of Nvidia earnings MSN
- Stocks shrug off concerns about heightened US-Russia tensions CNN
- S&P 500, Nasdaq end up with Nvidia; Walmart hits record after forecast Reuters
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