Stocks Climb Late as Nvidia Reignites AI Hopes: Markets Wrap

Stocks climbed in late hours on speculation that Nvidia Corp.’s upbeat earnings will add fuel to the artificial intelligence-driven rally.

A roughly $600 billion exchange-traded fund tracking the S&P 500 (SPY) rose after the close of regular trading. The world’s most-valuable chipmaker climbed about 5% after giving a solid revenue forecast for the current period, even as a slowdown in China weighed on results. The outlook shows Nvidia is ramping up production of Blackwell, its latest semiconductor design.