US stock market today: S&P 500 and Nasdaq race towards record highs as Nvidia leads AI stock comeback, CoreWeave surges 16% – why is Dow Jones missing the rally?

US stock market rally today: The S&P 500 climbed above 7,600 in Wednesday’s early trading as investors returned to technology stocks after two sessions of heavy selling. Nvidia rose nearly 3%, while CoreWeave gained more than 16% after strong quarterly results. The Nasdaq advanced 1.30% today, but the Dow remained almost flat as the AI trade regained momentum.