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Rich Asplund

S&P 500 Posts a Record High on Nvidia Earnings Optimism

B’ Nvidia Donald Trump SP United States Nasdaq Williams Inflation New York Fed US Federal Reserve

The S&P 500 Index ($SPX) (SPY) on Wednesday closed up by +0.24%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up by +0.32%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up by +0.17%.  September E-mini S&P futures (ESU25) rose +0.20%, and September E-mini Nasdaq futures (NQU25) rose +0.13%. 

Stock indexes recovered from early losses on Wednesday and settled higher, with the S&P 500 posting a new record high and the Nasdaq 100 reaching a one-week high.  Strength in software stocks led the overall market higher as MongoDB surged more than +37% after reporting better-than-expected Q2 adjusted EPS and raising its 2026 adjusted EPS forecast.  

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