U.S. Stocks Rebound to Close Higher as Market Awaits Nvidia Earnings
On May 20, as the market awaited the earnings report from AI chip giant Nvidia, the three major U.S. stock indices rebounded. Led by technology and chip stocks, the Dow, S&P 500, and Nasdaq all saw gains of over 1%. The Philadelphia Semiconductor Index surged by 4.49%, indicating optimistic expectations for the AI-related industry.
📋 Article Processing Timeline
- 📰 Published: May 21, 2026 at 06:12
- 🔍 Collected: May 21, 2026 at 06:31 (19 min after Published)
- 🤖 AI Analyzed: May 21, 2026 at 06:35 (4 min after Collected)
(CNA, New York, 20th, Comprehensive Foreign Report) As the market awaits the earnings results of American artificial intelligence (AI) chip giant Nvidia, the three major U.S. stock indices rebounded to close in the green today, with all gains exceeding 1%, as technology and chip stocks strengthened. The Dow Jones Industrial Average rose 645.47 points, or 1.31%, to close at 50009.35. The S&P 500 index increased by 79.36 points, or 1.08%, to finish at 7432.97. The Nasdaq Composite climbed 399.65 points, or 1.54%, to end at 26270.36. The Philadelphia Semiconductor Index surged 507.79 points, or 4.49%, to close at 11813.29. (Compiler: Chen Cheng-chien)