US stocks rise, with the Nasdaq up more than 1% for the second day in a row
The three major indices of US stocks rose today with the Nasdaq rising more than 1% for the second day in a row, US chip stocks rallied as Nvidia (NVDA.O) rose to a record high during the session and the Philadelphia Semiconductor Index (.SOX) rose 2% .
Google subsidiary Alphabet Inc (GOOGL.O) rose 4.7% and said it was rolling out its artificial intelligence chatbot Bard in Europe and Brazil, and PepsiCo (PEP.O) rose 2.4% after the company raised its annual revenue and profit forecasts. For the second time .
The Dow Jones Industrial Average rose 47.71 points, or 0.14%, to 34,395.14 points. The Standard & Poor's 500 Index rose by 37.88 points, or 0.85%, to 4,510.04 points. The Nasdaq Composite Index rose 219.61 points, or 1.58%, to 14,138.57 points.