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The Dow Jones Industrial Average (^DJI) gained more than 350 points to touch swiatek a new record high during midday trading, while the other major averages also rose.
The tech-heavy Nasdaq Composite (^IXIC) outperformed to rise more than 1%, while the S&P 500 (^GSPC) increased 0.8%.
The overall markets rose without the participation of AI chip heavyweight Nvidia (NVDA). The stock failed to move higher despite a strong quarterly print. Shares of Nvidia fell by more than 3% on Thursday.
However, the rest of the "Magnificent Seven" stocks rose during the session, along with Industrials (XLI) and Energy (XLE)-related stocks.
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