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Nasdaq surges more than 1.2%, closing at its highest level alongside Nvidia’s record-breaking performance.

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The Nasdaq Composite (^IXIC) witnessed an impressive surge of over 1.2% in a mixed session for the market averages (^DJI, ^GSPC), as investors eagerly awaited two significant events: Nvidia (NVDA) CEO Jensen Huang’s keynote address at CES 2025 (Consumer Electronics Show) and the December jobs report.

Nvidia Hits New Record High

Nvidia closed its trading session at a new record high, marking an impressive milestone for the tech giant. This development further fueled market enthusiasm ahead of CEO Jensen Huang’s highly anticipated keynote address at CES 2025.

Market Reaction to Chip Stocks

Chip stocks have been a major focus area in recent times, and the day’s performance provided valuable insights into their movement. Market Domination Overtime’s Julie Hyman recapped the market performance and offered expert analysis on chip stocks’ trends.

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