US Stock Market Today: S&P 500, Nasdaq Rise As AMD Stock Zooms Nearly 9% In Early Trade

S&P 500 rose 0.29% to 6,866.30, while tech-heavy Nasdaq Composite climbed 0.12% to 23,496.26, shortly after the closing bell. (Image: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The benchmark US stock market indices rebounded on Wednesday on the back of a surge in major tech stocks like Advanced Micro Devices Inc. and Nvidia Corp.

The S&P 500 rose 0.29% to 6,866.30, while the tech-heavy Nasdaq Composite climbed 0.12% to 23,496.26. The Dow Jones Industrial Average extended its gains to open 0.74% higher at 48,281.58.

As of 9:10 p.m., the S&P traded little changed at 6,848 along with Nasdaq, which declined 0.44% at 23,370.74. Dow Jones traded 0.73% higher at 48,276.80.

In the early minutes of trade, AMD's stock rose nearly 9% to $257.65, while Nvidia's scrip