FILE PHOTO: The Nasdaq logo is displayed at the Nasdaq Market site in Times Square in New York City, U.S., December 3, 2021. REUTERS/Jeenah Moon/File Photo/File Photo
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CNBC TV1819-02-2026, 07:06

S&P 500 Rises: Nvidia, Tech Stocks Lead Gains; Fed Minutes in Focus

  • US stocks closed higher on Wednesday, February 18, driven by gains in key technology names.
  • S&P 500 advanced 0.56%, Nasdaq Composite gained 0.78%, and Dow Jones Industrial Average rose 0.26%.
  • Nvidia climbed 1.6% after Meta Platforms announced deploying millions of Nvidia chips; Micron Technology jumped over 5%.
  • Amazon surged nearly 2% as Bill Ackman’s Pershing Square increased its stake by 65%.
  • Investors digested Fed minutes showing broad support for steady rates but division on future path; rate hikes remain a possibility for some officials.

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