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Stock market today: S&P 500, Nasdaq set to jump as Nvidia surge continues

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Nasdaq Composite,Stock Indexes

Nvidia's record-breaking surge, which catapulted it to the title of world's most valuable public company, was set to continue.

After a holiday break on Wednesday, Wall Street looked set to continue its winning ways in 2024. Stocks' growth story this year has been largely driven by the excitement around AI's potential, and no company has captured the collective attention like Nvidia. Its stock was up more than 3% in premarket trading. It's up more than 170% so far this year.Elsewhere on Thursday, global central banks were in focus as the Swiss National Bank cut rates for the second time this year.

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