S&P 500, Nasdaq rise to record highs boosted by Nvidia record valuation, strong Delta forecast
The S&P 500 and the Nasdaq Composite rose modestly to post record closing highs on Thursday, boosted by an upbeat forecast from Delta Air Lines and a record close for Nvidia while investors shrugged off President Donald Trump’s latest tariffs.
Delta shares rallied 12% after the carrier forecast third-quarter and full-year profits above Wall Street estimates.