Nasdaq Leads Stock Market Rally As S&P 500 Gaps Above 50-Day Line; Nvidia Earnings In Focus

CoffeeNFTs · 2026-03-05T18:04:58+00:00

The stock market saw gains Wednesday, driven by strong performance in fiber-optic and data storage sectors. The Nasdaq composite rose 1.3%, nearing its 50-day line, with increased trading volume indicating positive accumulation.

CoffeeNFTs

2026-03-05 18:04:58

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The stock market closed with bullish gains Wednesday as the fiber-optic, data storage and chip equipment trade showed more oomph. The Nasdaq composite gapped up at the open and held a strong gain all day. It rose 1.3% but stopped just short of retaking its 50-day line. Volume rose, giving the index a much-needed accumulation day. Breadth was initially lackluster…

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