Nvidia reported its first-quarter earnings on Wednesday, beating analysts' expectations, though it projected second-quarter sales below estimates amid tightening export controls to China that cover s...

The Dow Jones Industrial Average rose around 117 points, or 0.3%, to finish near 42,216. The S&P 500 gained around 24 points, or 0.4%, closing near 5,912. The Nasdaq Composite added around 75 points,...

Stocks are rising on Thursday after a U.S. court blocked many of President Donald Trump’s sweeping tariffs, though the gains got less strong as trading progressed from Asia to New York.

The restrictions still had a sizable impact. Nvidia said the move resulted in a $4.5 billion write-down, and the company anticipates a $8 billion revenue loss for the next quarter.

Major stock indexes posted early gains after a federal trade court struck down President Trump’s most sweeping tariffs. But that enthusiasm faded during the session, even before a federal appeals court temporarily stayed the decision.

Nvidia was up 5.2% at $141.79 in premarket trading.

Marvell Technology stock is up more than 5% ahead of earnings due after Thursday's closing bell, helped by the news from Nvidia as the chip sector rallies.