
The S&P 500 closed at 5,354.03, marking a new record high.

Nvidia's stock increased by more than 5% to push it over a $3 trillion market valuation. This surge also led the company to surpass Apple in value. The rise in Nvidia's stock price can be attributed to the announcement of its next generation of AI chips, known as "Rubin."

In the session described in the article, the Nasdaq Composite experienced a gain of 1.96%, closing at 17,187.90 and reaching a new record. On the other hand, the Dow Jones Industrial Average added 0.25% to close at 38,807.33.