Market Overview

In a remarkable turnaround, the US stock markets closed higher on Wednesday, with the Dow Jones Industrial Average jumping 317 points. This surge was led by significant gains in the tech sector, particularly after Super Micro Computer announced the full production availability of its AI data center featuring Nvidia's Blackwell platform. This news propelled both companies' stocks upwards, contributing to the overall market optimism.

Key Performers

Among the standout performers, Amgen Inc. saw its stock rise by 6.50%, while Nvidia Corporation enjoyed a 5.35% increase. The Nasdaq 100 also advanced by 0.42%, with Electronics Arts Inc. climbing an impressive 7.60%. The S&P 500 wasn't left behind, gaining 0.39%, thanks to Jonhson Controls International PLC soaring 11.28% and Super Micro Computer gaining 7.99%.

Currency Movements

On the currency front, the euro traded 0.20% higher against the dollar, selling for $1.04060 at 3:58 pm ET. Market participants are now eagerly awaiting earnings reports from Arm, Ford, and Qualcomm, due after the market close, which could further influence market dynamics.