Tech stocks rose, and the S&P 500 index climbed ahead of Nvidia's earnings report

According to Jinshi, the U.S. stock market rose on Wednesday, with Nvidia, the highest-weighted stock in the S&P 500 index, climbing ahead of its earnings report release after hours. Among the 11 sectors of the S&P 500 index, 5 sectors rose, led by technology, communication, and financial stocks. Matthew Maley, chief market strategist at Miller Tabak, stated that the next notable move in the U.S. stock market will be determined by Nvidia's earnings report and guidance tonight.