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Nasdaq Surges 300 Points; NVIDIA Posts Strong Results

Benzinga ·  Feb 22 22:47

U.S. stocks traded higher this morning, with the Nasdaq Composite jumped around 300 points on Thursday.

Following the market opening Thursday, the Dow traded up 0.63% to 38,857.02 while the NASDAQ rose 1.95% to 15,884.67. The S&P 500 also fell, dropping, 1.20% to 5,041.45.

Check This Out:Analog Devices To Rally Around 19%? Here Are 10 Top Analyst Forecasts For Thursday

Leading and Lagging Sectors

Information technology shares rose by 3.1% on Thursday.

In trading on Thursday, utilities shares fell by 0.8%.

Top Headline

NVIDIA Corporation(NASDAQ:NVDA) reported better-than-expected fourth-quarter financial results and issued strong revenue guidance for the first quarter.

The company reported revenue of...

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