Wall Street looked to keep momentum from a tech-fueled rally that saw Nvidia leap to become the world's first $4 trillion public company.

Interactive Brokers chief strategist Steve Sosnick characterized the current market as a combination of momentum and fear of missing out (or FOMO), as Nvidia (NVDA) reached a significant milestone while the Nasdaq Composite (COMP:IND) hit record highs.

Nifty futures on the NSE International Exchange traded 4.30 points, or 0.02 per cent, lower at 25,554.50, hinting at a muted start for the domestic market on Thursday.

TRADING DAY -Making sense of the forces driving global markets By Alden Bentley, Editor in Charge, Americas Finance and Markets Jamie is enjoying some well-deserved time off, but the Reuters markets team will still keep you up to date on what markets were focused on today and why investors shifted their focus from tariffs to a big milestone for AI chip-leader Nvidia.

On top of that, the president floated a 50% tax on copper imports and a 200% levy on pharmaceuticals on Tuesday.The stock market wasn’t too fussed, finishing broadly flat. The bet appears to be that it’s all noise,

Continuing questions about the impact of Trump administration tariffs caused U.S. equities to be higher but little changed at midday.

Nvidia is the first company ever to be worth $4 trillion. The previous market value record was set by Apple in Dec. 2024.

Nvidia trades at $159.85 nearing a $4 trillion market cap. AI, robotics, and global demand continue to fuel its explosive growth.