Jamie Spencer
Market Highlights
The Nasdaq Composite (^IXIC) climbed over 1.2% in a mixed trading session for the major market averages (^DJI, ^GSPC) as investors looked ahead to key events, including Nvidia (NVDA) CEO Jensen Huang’s highly anticipated keynote at CES 2025 (Consumer Electronics Show) and the release of December’s jobs report on Friday.
Nvidia Hits Record High
Nvidia, a leading player in the semiconductor industry, closed at a new record high, reflecting strong investor confidence ahead of Huang’s keynote. The chipmaker’s success underscores the ongoing dominance of technology stocks in the market, particularly as AI and semiconductor innovation remain central themes in the sector.
Expert Analysis
Julie Hyman of Market Domination Overtime provided a recap of the day’s market performance, highlighting how chip stocks, including Nvidia, are driving movements in the tech-heavy Nasdaq Composite. She noted that these gains come amid broader uncertainty in other market indices as traders anticipate important economic data later this week.
