“`html
On Tuesday, U.S. stocks closed at record highs as the Dow Jones Industrial Average rose 0.3% (161.78 points) to 47,706.37, the S&P 500 gained 0.2% (15.73 points) to 6,890.89, and the Nasdaq jumped 0.8% (190.94 points) to 23,827.49. All three indexes reached new all-time closing highs amid optimism surrounding corporate earnings and upcoming Federal Reserve decisions on interest rates.
NVIDIA Corporation led the tech rally with a 5% increase after announcing plans to produce AI supercomputers for the U.S. energy sector, adding $230 billion to its market value. Shares of Microsoft Corporation also rose 2% ahead of its earnings report scheduled for Wednesday. Nearly one-third of S&P 500 companies have reported earnings, with 83% surpassing expectations, according to FactSet.
The Federal Reserve is expected to cut interest rates by 25 basis points during its upcoming policy meeting. Market reactions are heightened with rumors of a potential trade deal between the U.S. and China, which could lower tariffs on Chinese goods.
“`
