U.S. equity markets advanced modestly on July 9, 2025, buoyed by Nvidia’s intraday market cap briefly reaching the historic $4 trillion mark—the first publicly traded company ever to hit that milestone . The Dow gained around 0.6%, with the S&P 500 up roughly 0.5% and the Nasdaq climbing about 0.7% as tech optimism spread .
Nvidia shares surged to an intraday high of approximately $164, driven by strong AI demand, a 25% one-year gain, and a remarkable 1,400% increase over five years . Analysts, including those at Wedbush, maintain bullish outlooks, projecting continued growth and predicting that Microsoft may soon join the $4 trillion club .
This tech-driven rally helped offset worries around tariff policy and rate‑cut speculation. Investors are now awaiting insights from upcoming Fed minutes to assess whether the central bank may pivot toward rate reductions by year‑end
