US Stock Markets Close Higher Despite Trade Concerns

On Wednesday, the United States stock markets experienced a significant upturn, with the Dow Jones Industrial Average climbing 317 points, marking a 0.71% increase. This surge was predominantly led by tech stocks, following the announcement from Super Micro Computer about the full production availability of its AI data center, which features Nvidia's Blackwell platform. This news propelled both companies' stocks to new heights.

Among the notable gainers, Amgen Inc. saw a 6.50% rise, while Nvidia Corporation enjoyed a 5.35% increase. The Nasdaq 100 also advanced by 0.42%, with Electronics Arts Inc. leading the charge with a 7.60% climb. Similarly, the S&P 500 gained 0.39%, highlighted by Jonhson Controls International PLC's impressive 11.28% surge and Super Micro Computer's 7.99% gain.

Investors are now eagerly awaiting the earnings reports from Arm, Ford, and Qualcomm, scheduled to be released after the market closes. Meanwhile, the euro traded 0.20% higher against the dollar, selling for $1.04060 at 3:58 pm ET.