The S&P 500 rose 0.81% to end at 6,946.13, while the Nasdaq Composite jumped 1.26% to 23,152.08. The Dow Jones Industrial Average added 307.65 points, or 0.63%, to 49,482.15.

Shares in Nvidia skidded Thursday, despite the huge chip maker posting a jump in profit and record quarterly sales. The stock fell 5.5%, a move that erased $259 billion in market cap from the company,

US stock market today shows a sharp split. The Dow Jones rose 174 points to 49,656. The Nasdaq fell 146 points. The S&P 500 slipped 0.28%. This market divergence followed Nvidia stock dropping over 2% despite strong earnings.

U.S. stocks turned sharply lower on Thursday, the day after earnings from artificial intelligence vanguard Nvidia failed to impress investors, weighing down technology shares.

Nvidia's stock fell early Thursday, despite the $4 trillion-plus chip maker posting a near-doubling in quarterly profit and record sales. Shares were down roughly 3% in recent trading. Although the se

Major stock indexes closed mostly lower Thursday after a two-day rally, with shares of Nvidia falling even though the AI chip giant's highly anticipated quarterly results came in better than analysts expected.

Nvidia's stock is down 4.4% today, but retail investors are using that as an excuse to buy more shares, showing their conviction in the semiconductor company. Data from Vanda Research show the largest net buying of Nvidia shares on record for the first 80 minutes of trading today.