Stock Market Today: S&P 500 and Nasdaq are up in tech-fueled rally as Nvidia's stock jumps after its earnings beat expectations; Dow rises as Salesforce shares surge and Jackson Hole symposium gets started; Marvell Technology results on tap
The S&P 500 and Nasdaq rose Friday following a tech-led rally sparked by Nvidia's second quarter fiscal 2027 results. Nvidia stock jumped after the company reported profits and revenue that exceeded Wall Street estimates. The Dow Jones Industrial Average also increased, supported by a surge in Salesforce shares. These market gains coincide with the start of the Jackson Hole symposium. Investors now await upcoming financial results from Marvell Technology.
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- ✓ Nvidia reported second quarter fiscal 2027 financial results.
- ✓ Nvidia's second quarter profits and revenue beat street estimates.
- ✓ The S&P 500 and Nasdaq rose on Friday.
- ✓ Nvidia stock increased following its earnings report.
What changed
Nvidia released second quarter fiscal 2027 financial results that beat street estimates.
Live updates
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Nvidia Earnings Beat Drives S&P 500 and Nasdaq Higher
The S&P 500 and Nasdaq rose Friday following a tech-led rally sparked by Nvidia's second quarter fiscal 2027 results. Nvidia stock jumped after the company reported profits and revenue that exceeded Wall Street estimates. The Dow Jones Industrial Average also increased, supported by a surge in Salesforce shares. These market gains coincide with the start of the Jackson Hole symposium. Investors now await upcoming financial results from Marvell Technology.
Why it matters
Nvidia is a primary driver of the current artificial intelligence investment cycle. Market performance often hinges on whether the company can continue beating high analyst expectations. The Jackson Hole symposium typically signals future monetary policy directions from the Federal Reserve.
What is confirmed
- Nvidia reported second quarter fiscal 2027 financial results.
- Nvidia's second quarter profits and revenue beat street estimates.
- The S&P 500 and Nasdaq rose on Friday.
- Nvidia stock increased following its earnings report.
- The Dow rose as Salesforce shares surged.
- The Jackson Hole symposium has begun.
What to watch next
- Marvell Technology financial results
- Outcomes of the Jackson Hole symposium
confidence 100%Sources used for this update (5)
- NVIDIA Newsroom — NVIDIA Announces Financial Results for Second Quarter Fiscal 2027
- Axios — What we learned from Nvidia's big day
- MarketWatch — Stock Market Today: S&P 500 and Nasdaq are up as Nvidia's stock jumps after its earnings beat expectations; Dow rises as Salesforce shares surge and Jackson Hole symposium gets started; Marvell Technology results on tap
- Yahoo Finance — How High Can Nvidia Stock Go? Wall Street’s Next Target May Surprise You
- Investopedia — Nvidia Earnings Live, Aug. 26, 2026: Q2 Profits, Revenue Beat Street Estimates; Stock Rises
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