Nvidia Drives Gains in Major Market Indexes
On September 2, 2026, major U.S. stock indexes saw modest gains led by a strong performance from Nvidia (NASDAQ: NVDA). The Dow Jones Industrial Average rose 0.4%, the S&P 500 gained 0.5%, and the Nasdaq Composite increased 0.4%. Despite opening lower, all three indices closed near flat territory with slight positive momentum. Nvidia was a standout performer, rising by 3.8% to $225.67, contributing nearly 0.38% of the Nasdaq's total gain alone. Meta Platforms (NASDAQ: META) also contributed significantly after climbing 2.9%. However, without these two stocks, the Nasdaq Composite would have been in negative territory. The market movement was influenced by macroeconomic factors and comments from New York Fed President John Williams, who noted that rising Treasury yields reflect a strong economy driven by AI and data center investments.
Topics: Dow Jones Nasdaq Composite Nvidia S&P 500 stock market performance