Nvidia's 8.7% Surge Powers Nasdaq to Its Best Session Since April 2025
Nvidia jumped 8.7% overnight, its biggest one-day gain since April 2025, lifting the Nasdaq 1.6% to 26,541 and the S&P 500 0.7% to 7,730. The chipmaker guided third-quarter revenue to $108 billion, ahead of street estimates. Brent crude eased to around $86 a barrel.
Nictick #2026-0042266 characters
Nictick — educational context
Nvidia's guidance sets the tone for Indian IT and semiconductor-linked stocks, which typically track Nasdaq strength with a one-day lag. Softer crude supports oil marketing companies, paints and aviation. US PCE inflation held at 3.7%, above expectations, keeping rate expectations tight.