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Economy Middle East

Stock market today: S&P 500, KOSPI and DAX gain as Nvidia revives AI rally

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Stock market today: S&P 500, KOSPI and DAX gain as Nvidia revives AI rally
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Global stocks traded mostly higher on Thursday as Nvidia’s latest results reignited AI optimism and lifted technology shares from the U.S. to Asia, though inflation and interest-rate risks limited a broader risk-on move. S&P 500 e-mini futures rose 0.5% in later European trading. South Korea’s KOSPI jumped 1.8%, while Germany’s DAX futures edged up 0.1%. Pan-European futures gained about 0.4%, whereas FTSE 100 futures slipped 0.4%. Nvidia shares surged nearly 5% in after-hours U.S. trading after reporting fiscal second-quarter revenue of $96.2 billion and forecasting roughly $108 billion in Q3 revenue, assuming no Data Center compute revenue from China.

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