U.S. Markets Hold Steady Amid Tariff Uncertainty as Nvidia Hits $4 Trillion Valuation
The S&P 500 hovered NEAR record highs despite fresh tariff concerns, buoyed by Nvidia's historic $4 trillion market cap milestone. The chipmaker's 1.8% gain to $162 propelled the Nasdaq Composite to new peaks, contrasting with the Dow Jones Industrial Average's 38-point decline.
Nvidia's 1,454% five-year surge underscores the AI sector's dominance, with year-to-date gains of 17% outpacing the S&P 500's 6.7% advance. Investors remain watchful of tariff developments involving China, the UK, India, and the EU, which could reshape trade dynamics.