US stocks rise on Nvidia outlook

New York [US], August 28: US stock indices closed higher on Thursday, with the Nasdaq leading gains on Wall Street after Nvidia's strong revenue outlook reinforced confidence in the artificial intelligence boom and lifted technology shares.
The S&P 500 rose 55.03 points, or 0.72 percent, to 7,730.73.
The Nasdaq Composite gained 411.16 points, or 1.57 percent, to 26,540.78, while the Dow Jones Industrial Average added 100.33 points, or 0.19 percent, to 53,564.21.
Source: Emirates News Agency