Nasdaq Climbs Over 400 Points as Investors Look to Jackson Hole

All three major indexes logged healthy wins, as chip stocks soared on the back of Nvidia's (NVDA) earnings beat and upbeat revenue growth forecast. The tech-heavy Nasdaq ushered in an impressive 411-point win, while the S&P 500 and Dow settled comfortably in the black as well.

Cybersecurity stocks also got a lift after CrowdStrike (CRWD) and Okta (OKTA) each raised their full-year outlooks amid growing agentic AI demand. Investors will now turn their attention to Fed Chair Kevin Warsh's speech at the annual Jackson Hole symposium in Wyoming tomorrow.

Continue reading for more on today's market, including: 

5 Things to Know Today

1. South Korean memory maker SK Hynix has named Indiana as its next factory location. (CNBC)
2. You're the expert: help up with out Schaeffer's experience survey!
3. Another computer hardware name readying for the earnings spotlight.
4. Take a sneak peek at what's on deck next week.
5. Cut through the chaos of trading with our one-of-a-kind alert service.

Gold Manages a Win Ahead of Fed Speech

Oil made its way higher after the White House said no talks were currently happening between the U.S. and Iran. September-dated West Texas Intermediate (WTI) oil rose 17% to finish at $83.66 per barrel.

Gold futures managed to eke out a win this afternoon, with investors focusing on tomorrow's speech from Warsh. December-dated gold added 0.2% to settle near $4,664.40.