Traders react as shares of Bullish, a cryptocurrency exchange operator, begin trading during the company’s IPO at the New York Stock Exchange (NYSE) in New York city, U.S., August 13, 2025.
Brendan McDermid | reuters
The S&P 500 scored another record close on Thursday as traders analyzed Nvidia’s earnings results adn forecast. Investors largely viewed the numbers as confirmation of the AI boom.The broad market index finished 0.32% higher at 6,501.86 after reaching a new all-time intraday high above the 6,500 level. The Nasdaq Composite ended the day up 0.53% at 21,705.16, while the Dow Jones Industrial Average rose 71.67 points, or 0.16%, to close at 45,636.90, also a record.
Nvidia – wich represents about 8% of the S&P 500, according to FactSet – reported second-quarter results that exceeded Wall Street’s estimates with robust revenue growth of 56%.there where a couple of initial concerns: first, revenue for its data centre business was slightly below estimates. Second, the company’s forecast for overall revenue this quarter is $54 billion, only marginally above expectations.