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Market Commentary - Foreign Markets
Tech Stocks back US stocks up
28-Aug-2026, 11:18
The technology-heavy Nasdaq led US equities higher on Thursday after chip maker Nvidia's strong revenue forecast supported the AI boom and boosted tech stocks. The S&P 500 rose 0.7%, nearing its all-time high, while the Dow Jones increased 0.2% and the Nasdaq composite surged 1.6%.
The technology-heavy Nasdaq led US equities higher on Thursday after chip maker Nvidia's strong revenue forecast supported the AI boom and boosted tech stocks. The S&P 500 rose 0.7%, nearing its all-time high, while the Dow Jones increased 0.2% and the Nasdaq composite surged 1.6%.