Stock market today: S&P 500 closes higher as Nvidia powers tech ahead of earnings

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Stock market today: S&P 500 closes higher as Nvidia powers tech ahead of earnings

Investing.com-- The S&P 500 closed higher Tuesday, as an Nvidia-led climb in tech helped stocks shrug off earlier concerns about increasing Russia-Ukraine tensions.), the world’s most valuable listed company, gained more than 4% just a day ahead of its quarterly earnings report.

The company’s shares have nearly tripled in value this year, as it logged strong demand from the rapidly growing AI sector. Nvidia makes the most advanced AI chips in the market.) rallied over 29% after it said it had appointed a new auditor and was on track to file its financial reports for the year.

Russia would now consider a nuclear strike if it, or its ally Belarus, faced aggression"with the use of conventional weapons that created a critical threat to their sovereignty and their territorial integrity", the new doctrine said,

 

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