U.S. equities saw an upward trend following strong earnings reports from market leader Nvidia and several other companies, surpassing profit expectations.

On Thursday, the S&P 500 experienced a 0.5% increase, closing at 5,948.71 after fluctuating between slight gains and losses earlier in the day. The Dow Jones Industrial Average saw a notable rise of 1.1%, ending at 43,870.35, while the Nasdaq composite gained marginally, up less than 0.1% to 18,972.42.

Leading contributors to this positive shift included banks and small-cap stocks, sectors that typically thrive in a robust economy. Furthermore, bitcoin made headlines by briefly exceeding the $99,000 mark, and crude oil prices continued their ascent. In the bond market, Treasury yields ticked higher.

Here’s a closer look at the market figures from Thursday:

– The S&P 500 was up 31.60 points, or 0.5%.

– The Dow Jones Industrial Average increased by 461.88 points, or 1.1%.

– The Nasdaq composite rose by 6.28 points, or less than 0.1%.

– The Russell 2000 index, representing smaller companies, climbed 38.48 points, or 1.7%.

For this week, the S&P 500 has gained 78.09 points, translating to a 1.3% rise.

The Dow has moved up by 425.36 points, a 1% increase.

The Nasdaq has experienced a boost of 292.30 points, or 1.6%.

Meanwhile, the Russell 2000 index has risen by 60.18 points, which is a 2.6% increase.

Looking at the year-to-date performance:

The S&P 500 is up significantly by 1,178.88 points, corresponding to a remarkable 24.7% increase.

The Dow has shown an impressive gain of 6,180.81 points, or 16.4%.

The Nasdaq has surged by 3,961.07 points, representing a strong 26.4% rise.

Lastly, the Russell 2000 index has advanced by 336.94 points, making for a 16.6% increase this year.