Oil Decline Sparks Broad Market Rally as Nvidia Tops Earnings

U.S. stocks climbed as Brent crude slid over 5% on a big inventory draw, with SPY and QQQ closing higher and Nvidia beating revenue and EPS estimates (also raising its dividend). Semis like AMD, INTC, and MU joined the rally, while Intuit fell on layoffs. Fed minutes hinted policymakers may favor higher rates if inflation stays above target.