Stocks opened higher Thursday and stayed there through the close. The technology and communications services sectors outperformed as several Magnificent 7 stocks rallied, most notably Nvidia (NVDA).
The red-hot chipmaker rose 4.5% Thursday, easily the best performer of the mega-cap stocks. Meta Platforms (META) came in a distant second with its 3.3% gain. Apple (AAPL), on the other hand, slipped 0.1%, with the Dow Jones stock extending its losing streak to seven days.
