Wall Street closes in the green with the S&P 500: new all-time high

New York.- Wall Street concluded this Wednesday in the green and with the S&P 500 registering a new historical closing record, reaching 6,481 points after rising 0.24%, on a day that ended at the expectation of the latest quarterly results of Nvidia. At the bell, the Dow Jones Industrial Average rose 0.32% and the Nasdaq rose 0.21%. The market is now awaiting Nvidia's quarterly results, currently the second most valuable listed company and a key indicator of the health of the artificial intelligence (AI) market. The microchip giant's shares, which represent approximately 8% of the S&P 500, remained virtually unchanged during today's session.

You can also read: Wall Street ended with gains

The chip manufacturer has exceeded earnings expectations in 11 of the last 12 quarterly reports, according to FactSet. On the other hand, Wall Street once again ignored today the clash between the US president, Donald Trump, and the Federal Reserve in its crusade to lower rates, and which the day before yesterday wrote a more tense chapter with the dismissal of governor Lisa Cook by the president. "Interest rates are about to fall, and earnings tend to rise. Overall, inflation, interest rates, and earnings trends are supporting risk," said Terry Sandven, chief equity strategist at U.S. Bank Asset Management, in an interview with CNBC. In the corporate sphere, among the Dow-listed companies, Salesforce (2.63%), UnitedHealth Group (1.19%) and Chevron (1.15%) stood out today, with falls for Merck (-1%) and Nike (0.75%). In addition, data platform company MongoDB recorded approximately 38% growth after presenting results that exceeded Wall Street's expectations, arguing that this was due to the strong demand for AI prevailing in the sector.