US Markets Climb as Investors Overlook Trade Concerns

On Wednesday, major US stock markets ended the day on a high note, with the Dow Jones Industrial Average jumping 317 points, a 0.71% increase. This surge was led by significant gains in tech stocks, following Super Micro Computer's announcement of the full production availability of its AI data center featuring Nvidia's Blackwell platform. This news propelled both companies' stocks upwards, with Nvidia Corporation seeing a 5.35% rise and Super Micro Computer gaining 7.99%.

Earnings Reports in Focus

Investors are now turning their attention to the upcoming earnings reports from Arm, Ford, and Qualcomm, expected after the market closes. The Nasdaq 100 also saw an increase, advancing 0.42%, with Electronics Arts Inc. climbing 7.60%. The S&P 500 wasn't left behind, gaining 0.39%, highlighted by Jonhson Controls International PLC's impressive 11.28% surge.

Currency Movements

In currency markets, the euro experienced a slight increase against the dollar, trading 0.20% higher at 3:58 pm ET, selling for $1.04060.