Nvidia and other tech stocks lead Wall Street higher

1 week ago 3

By STAN CHOE, AP Business Writer

NEW YORK (AP) — U.S. stocks rose Wednesday and erased their losses for the week so far, as Nvidia and other technology companies led the way.

The S&P 500 added 0.8% for a second straight gain following Monday’s swoon, when stocks dropped as investors tried to separate potential losers from winners in the artificial-intelligence boom.

The Dow Jones Industrial Average rose 307 points, or 0.6%, and the Nasdaq composite climbed 1.3%.

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