U.S. Stock Market: S&P 500, Dow Jones, Nasdaq rise after Nvidia, Goldman Sachs, Morgan Stanley, BlackRock share prices jump at U.S. Stock Market

US Stock Market indices followed a positive trend on Wall Street on Thursday. The S&P 500 rose 0.3 percent, snapping a two-day losing streak after hitting an all-time high. The Dow Jones Industrial Average rose 292 points, or 0.6 percent, and the Nasdaq composite rose 0.2 percent. Overall, the S&P 500 rose 17.87 points to 6,944.47. The Dow Jones Industrial Average rose 292.81 to 49,442.44 and the Nasdaq composite rose 58.27 to 23,530.02.Nvidia and other high-flying artificial intelligence stocks helped lift the market after Taiwan Semiconductor Manufacturing Co., a major supplier to the industry, reported stronger profit than analysts expected in the latest quarter. TSMC also said it could increase its equipment investment to $56 billion this year to capitalize on the AI ​​boom.
Nvidia became one of the S&P 500’s top heavyweights after falling 1.4 percent on Wednesday. But it rose 2.1 percent after TSMC Chief Financial Officer Wendell Huang said he viewed “continued strong demand” as an encouraging signal for the entire AI industry.

TSMC is a very important player as a major supplier to Nvidia and other giants and a major customer of ASML and other providers. TSMC’s US-listed shares increased by 4.4 percent, while ASML’s US-listed shares increased by 5.4 percent.
Other chip-related companies helped lead the U.S. stock market, including a 7.7 percent gain for KLA Corp. and a 5.7 percent gain for Applied Materials.
The sharp drop in oil prices also helped calm financial markets.

Meanwhile, as the earnings reporting season for major U.S. companies continues to gather pace, several major financial companies have also announced their results for the final three months of 2025.

BlackRock, the giant that now oversees more than $14 trillion in investments, rose 5.9 percent after a stronger profit and revenue report than analysts expected.

Morgan Stanley likewise rose 5.8 percent after reporting stronger-than-expected profits and revenue. Goldman Sachs rose 4.6 percent after the investment bank beat analysts’ forecasts for profit but fell short of revenue.

Outside of earnings, Boston Scientific fell 4 percent after announcing it was acquiring Penumbra, whose products help remove blood clots, in a cash-and-stock deal worth about $14.5 billion. Penumbra’s shares rose 11.8 percent.