The S&P 500 rose as Nvidia reached a major milestone and traders monitored tariff updates from President Trump.
The Dow Jones Industrials surged 217.54 points to close at 44,458.30.
The NASDAQ Composite hit a new record, climbing 192.87 points to 20,611.34.
Nvidia became the first company to reach a $4 trillion market capitalization, with other tech giants like Meta Platforms, Microsoft, and Alphabet also seeing gains.