The Economic Times

US stock market surging big today: Whats fueling Dow Jones, S&P 500 and Nasdaq gains right now? Amazon, Nvidia and Magnificent Seven stocks power rally

US stock market surging big today: The Dow Jones Industrial Average jumped 120 points to 49,515, while the S&P 500 rose 0.57% to 6,900 and the Nasdaq surged 0.85% to 22,875 in a strong US stock market rally today. Investors reacted to the Supreme Court blocking major Trump tariffs. Amazon stock gained over 2%. Nvidia stock climbed more than 1%. The Magnificent Seven stocks led gains as lower trade risk boosted tech and retail shares.