Stock market today: Asian stocks advance after Nvidia sets off a rally on Wall Street

Stock market today: Asian stocks advance after Nvidia sets off a rally on Wall Street

SeattlePI.com

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Asian markets are mostly higher after Nvidia delivered another blowout quarter, setting off a rally in other technology companies that carried Wall Street to another record high. Tokyo's markets were closed for a holiday, a day after they surged to an all-time high. U.S. futures rose while oil prices fell back. On Thursday, the S&P 500 rose 2.1% to another all-time high. The Nasdaq added 3%. The Dow, which has a smaller weighting in tech stocks, rose 1.2%, marking its first close above 39,000. Nvidia's stock price rose more than 16%, leading gains among tech companies. Treasury yields held relatively steady.

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