S&P 500, Nasdaq Post Record Closes, Nvidia Closing Valuation $4 trillion

GLOBAL MARKET - NEW YORK. The S&P 500 and Nasdaq registered record closing highs on Thursday, and Nvidia's market value closed above $4 trillion for the first time, while the Brazilian real recovered some losses following U.S. President Donald Trump's announcement of a 50% tariff on the country's goods.

Also helping Wall Street, shares of Delta Air Lines jumped 12% after it forecast third-quarter and full-year profits above analysts' estimates. Other travel stocks also rose, including United Airlines, which ended 14.3% higher, and Hertz Global, up 11.8%.

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