NVDA - Nasdaq Surges Over 100 Points; Nvidia Posts Upbeat Q1 Results | Benzinga
U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining more than 100 points on Thursday.
Following the market opening Thursday, the Dow traded down 0.43% to 39,500.41 while the NASDAQ rose 0.80% to 16,936.60. The S&P 500 also rose, gaining, 0.29% to 5,322.53.
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Leading and Lagging Sectors
Information technology shares rose by 1.7% on Thursday.
In trading on Thursday, utilities shares fell by 0.5%.
Top Headline
NVIDIA Corporation (NASDAQ:NVDA) reported better-than-expected financial results for its first quarter and issued strong guidance for the second quarter.
The company announced a 10-for-1 stock split and raised its quarterly dividend by 150%.
Equities Trading UP