By STAN CHOE, AP Business Writer<\/p>\n
NEW YORK (AP) \u2014 U.S. stocks rose Wednesday and erased their losses for the week so far, as\u00a0Nvidia<\/a>\u00a0and other technology companies led the way.<\/p>\n The S&P 500 added 0.8% for a second straight gain following\u00a0Monday\u2019s swoon<\/a>, when stocks dropped as investors tried to separate\u00a0potential losers<\/a>\u00a0from winners in the\u00a0artificial-intelligence<\/a>\u00a0boom.<\/p>\n The Dow Jones Industrial Average rose 307 points, or 0.6%, and the Nasdaq composite climbed 1.3%.<\/p>\n Nvidia was one of the strongest forces lifting the market and rose 1.4% ahead of its highly anticipated profit report, which was scheduled to arrive shortly after trading ended for the day. Because Nvidia has grown to become the U.S. market\u2019s largest stock by value, it has more influence on the S&P 500 than any other company.<\/p>\n Nvidia\u2019s profit reports have become a bellwether for the market, not only because it\u2019s so big but also because of how influential the AI boom has broadly become over the market\u2019s moves. In past years, the AI frenzy helped stocks run to record after record amid hopes that it would revolutionize the economy and make it more productive.<\/p>\n More recently, though, concerns have climbed about whether companies like Alphabet and Amazon are spending so much on chips from Nvidia and other equipment that they\u2019ll never be able to make back the investments through future gains in productivity. If that leads to a pullback in spending, it would hit Nvidia directly.<\/p>\n Investors have also begun focusing on companies and industries that could get undercut by AI-powered competitors. That has led to sudden and swift sell-offs for stocks seen as potentially under threat, and spasms have rolled through industries as seemingly disparate as software, trucking logistics and legal services.<\/p>\n That\u2019s on top of other worries already weighing on the market, including\u00a0new tariffs<\/a>\u00a0announced by President Donald Trump to replace ones\u00a0struck down by the Supreme Court<\/a>.<\/p>\n \u201cWhile those concerns are real, we believe investors would be wise to balance them out with offsetting trends that may be underappreciated in the current wall of worry headline cycle,\u201d according to Darrell Cronk, chief investment officer for Wealth & Investment Management at Wells Fargo.<\/p>\n Among them is the solid growth in profit that U.S. companies have been reporting so far for the end of 2025. That has helped strengthen corners of the U.S. stock market that had earlier been overshadowed by AI mania and Big Tech, including stocks of smaller companies.<\/p>\n Cava Group, the fast-casual Mediterranean restaurant chain, jumped 26.4% after delivering better profit and revenue for the latest quarter than analysts expected. Its revenue for a fiscal year also topped $1 billion for the first time, up 22.5% from the year earlier.<\/p>\n Axon Enterprise leaped 17.6% after the seller of Tasers and body cameras with AI voice-activated assistants likewise reported bigger profit and revenue than analysts expected.<\/p>\n They helped offset a 13.6% drop for First Solar, which reported a weaker profit than analysts expected.<\/p>\n Lowe\u2019s fell 5.6% and was one of the heaviest weights on the market even though the home-improvement retailer reported a bigger profit than analysts expected. Investors focused instead on its forecast for profit over the course of 2026, which fell short of analysts\u2019 estimates.<\/p>\n CEO Marvin Ellison said the broad housing market remains pressured, and stocks for rival Home Depot and homebuilders also fell.<\/p>\n All told, the S&P 500 rose 56.06 points to 6,946.13. The Dow Jones Industrial Average gained 307.65 to 49,482.15, and the Nasdaq composite climbed 288.40 to 23,152.08.<\/p>\n In stock markets abroad, indexes rose across much of Europe and Asia.<\/p>\n Japan\u2019s Nikkei 225 climbed 2.2%, and South Korea\u2019s Kospi gained 1.9% for two of the bigger moves.<\/p>\n In the bond market, the yield on the 10-year Treasury rose to 4.05% from 4.04% late Tuesday.<\/p>\n AP Business Writers Yuri Kageyama and Matt Ott contributed.<\/p>\n","protected":false},"excerpt":{"rendered":"By STAN CHOE, AP Business Writer NEW YORK (AP) \u2014 U.S. stocks rose Wednesday and erased their losses…\n","protected":false},"author":2,"featured_media":169486,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[2872,8148,4411,139,141,140,80699,8147,3457],"class_list":["post-169485","post","type-post","status-publish","format-standard","has-post-thumbnail","category-orlando","tag-ai","tag-dow-jones-industrial-average","tag-nvidia","tag-orlando","tag-orlando-headlines","tag-orlando-news","tag-sp","tag-stock-market-today","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/169485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=169485"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/169485\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/169486"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=169485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=169485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=169485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}