Tech stocks like Nvidia, Intel, and Tesla led a rally in the US stock market, pushing the Nasdaq up by 3%. This surge in the market was driven by strong performances from these major tech companies.
Investors were encouraged by the positive news coming out of these companies, leading to a boost in confidence in the tech sector. Nvidia, Intel, and Tesla are all well-known players in the tech industry, and their strong performance helped drive the overall market higher.
The Nasdaq, which is heavily weighted towards tech stocks, saw significant gains as a result of this rally. The positive momentum in the tech sector helped to offset losses in other areas of the market, leading to an overall increase in the Nasdaq index.
Overall, the rally in tech stocks like Nvidia, Intel, and Tesla helped to propel the Nasdaq higher, showcasing the strength of the US tech sector in the stock market. Investors will be keeping a close eye on these companies in the coming days to see if this positive trend continues.