Traders work on the floor of the New York Stock Exchange in New York City on Monday (local time). [Reuters]
Traders work on the floor of the New York Stock Exchange in New York City on Monday (local time). [Reuters]

US stocks rose Thursday (local time) as Nvidia's strong earnings drove a rally in technology shares.

The Nasdaq Composite closed up 411.16 points, or 1.57 percent, at 26,541.35.

Nvidia led the technology rally, surging 8.74 percent.

The Dow Jones Industrial Average gained 105.56 points, or 0.20 percent, to close at 53,569.44, while the S&P 500 rose 55.29 points, or 0.72 percent, to finish at 7,730.99.


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