(NEW YORK) — Stocks rallied in early trading on Thursday, just hours after blockbuster earnings from chip giant Nvidia and a stronger-than-expected jobs report.

The Dow Jones Industrial Average jumped nearly 600 points, or 1.2%, while the S&P 500 climbed 1.8%. The tech-heavy Nasdaq soared 2.5%.

Shares of Nvidia, the $4.7 trillion juggernaut behind many of the chips fueling artificial-intelligence products, surged more than 4%.

A stock market selloff over recent days underscored the uncertainty looming over the economy as some investors warned of an AI bubble. The earnings blowout from Nvidia late Wednesday appeared to rebuke such concerns, however, reviving enthusiasm for an AI trade that has propelled much of the market gains this year.

The S&P 500 has soared 15% in 2025, while the Do

See Full Page