Stock Market Today, Aug. 27: Tech Strength Powers Nasdaq Higher as Nvidia Leads Rally
On Aug. 27, 2026, enterprise software and semiconductor stocks surged on blockbuster earnings, offsetting weakness in consumer discretionary and real estate.
Overview
Gaining 0.71% to 7,730, the S&P 500 (SNPINDEX:^GSPC) advanced alongside a 1.57% jump to 26,541 for the Nasdaq Composite (NASDAQINDEX:^IXIC) as chip strength led the rally, while the Dow Jones Industrial Average (DJINDICES:^DJI) rose 0.20% to 53,569.
Shares of Nvidia (NASDAQ:NVDA) climbed 8% following its blowout earnings report. Meanwhile, enterprise software firms Salesforce (NYSE:CRM) and CrowdStrike (NASDAQ:CRWD)also soared 23% and 21% after delivering excellent earnings.
Details
The biggest loser among the three major U.S. indexes today was Hormel Foods (NYSE:HRL), which whiffed on earnings and declined 10%.
Source
Originally published at www.fool.com.