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Markets today: U.S. stocks rise as bullish Nvidia call boosts AI trade

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A rally in chipmakers drove stocks to another record, with traders betting the potential for Federal Reserve rate cuts will keep fueling the industry that has powered the equity market this year.

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Nvidia stock reaches all-time high as company closes in on $3 trillion market capNvidia stock rises to another record high as the AI trade continues to dominate markets.
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Markets today: Stocks fall amid rout in big banks as Nvidia sinksA slide in banks weighed on stocks ahead of the Federal Reserve decision, with political uncertainties in Europe driving traders to the safest corners of the market such as Treasuries and the dollar.
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Markets today: Stocks rally as Nvidia keeps AI juggernaut goingWall Street headed for a new record high after blowout earnings from Nvidia Corp. reinforced belief that the global artificial-intelligence boom will keep powering equity markets.
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