US Stocks Surge: Dow Flat, S&P 500 Up 0.3%, Nasdaq 0.5% due to Nvidia & Apple’s Earnings Boost

Among the notable stock market developments, shares of Nvidia (NVDA.O) boostd by 1% following Bank of America’s upgraded forecast of Nvidia’s earnings per share for the upcoming years.

Apple (AAPL.O) gained 1.3% after data indicated that sales of its latest iPhone surged in the first three weeks since its release. Additionally, Netflix (NFLX.O) shares surged by 7.6%, as it surpassed expectations in its Q3 results.

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US stock markets experienced a modest opening on October 18, with the Dow Jones Industrial Average remaining almost flat. However, the S&P 500 Index gained 0.3%, and the Nasdaq Composite Index rose 0.5%.

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