Tech Stocks Boost Stocks
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•Nvidia and other tech stocks pull Wall Street higher
84% Informative
The Standard & Poor's 500 added 0.6% for a second gain after five straight losses, its longest losing streak since April .
Nvidia climbed 3.4% to top its record set in November ahead of a speech by Chief Executive Jensen Huang at the annual CES convention in Las Vegas .
Uber Technologies drove 2.7% higher after the ride-hailing app company said it would accelerate $1.5 billion in purchases of its own stock.
France ’s CAC 40 jumped 2.2% , while Japan ’s Nikkei 225 slumped 1.5% . Choe writes for the Associated Press . AP writers Matt Ott , Zimo Zhong and Mari Yamaguchi contributed to this report. This story originally appeared in Los Angeles Times ..
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