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Moomoo 24/7 ·  Feb 22 16:01

After posting earnings Wednesday night, Nvidia pulled the market higher Thursday after adding a record $277B to its market cap.

The $S&P 500 Index (.SPX.US)$ climbed to an all-time high, up 2.11%, to close above 5,087. The $Dow Jones Industrial Average (.DJI.US)$ climbed 1.18% to close at 39,069. The $Nasdaq Composite Index (.IXIC.US)$ closed near an all-time high, up 2.96% to 16,041.

The S&P 500 Index last closed at a high on Feb. 15, and the Dow Jones Industrial Average made records on Feb. 12. The Nasdaq last hit a closing high in Nov. of 2021, at 16,057.44.

The market turned up on an encouraging earnings expectation beat by $NVIDIA (NVDA.US)$ that sent tech stocks souring. FOMC minutes released Tuesday also turned Fedspeak dovish: most members agreed that rates had reached their height.

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