Stock Market Today: Dow, S&P 500, Nasdaq Rise as Nvidia Jumps, Trump Xi Summit Kicks Off The stock market's recent rally has been driven by the Nvidia led AI trade and the ongoing Trump Xi summit.
The Dow, S&P 500, and Nasdaq have all risen in response to investor enthusiasm for AI chip developers. One notable example is Cerebras Systems, which is set to list at $350 per share today. This $5.
55 billion fundraise is the largest US semiconductor IPO on record, surpassing Arm Holdings' 2023 listing price.