Photo: Michael M. Santiago / Getty Images News / Getty Images
The mainstream media won’t like it because it looks good for President Trump. But Wall Street had another big day Wednesday.
Stocks jumped on Wednesday as oil prices and U.S. Treasury yields slid amid growing optimism that the conflict in the Middle East could soon be resolved.
At the close, the Dow was up more than 600 points to close above the 50,000 mark.
Investors are also turning their attention toward Nvidia, which reports its first-quarter earnings after the close. The report will be an important view into the artificial intelligence trade and provide the latest update on demand for chips. Shares of the company were last 2% higher.