Wall Street’s main indexes climbed higher on Wednesday, with Nvidia soaring to a $4 trillion valuation, while investors shrugged off President Donald Trump’s latest tariff salvo.

Nvidia rose 2.2 per cent to become the first company to ever hit $4 trillion in market value, solidifying its position as one of Wall Street’s most-favoured stocks to tap in the ongoing surge in demand for artificial intelligence technologies.

At 9:47 am ET (6:47 pm PKT), the Dow Jones Industrial Average rose 286.20 points, or 0.65pc, to 44,526.96, and the S&P 500 gained 39.70 points, or 0.64pc, to 6,265.22, and the Nasdaq Composite gained 195.72 points, or 0.95%, to 20,614.19.

Seven of 11 S&P sectors clocked gains, with the technology index leading the pack with a 1.2pc rise.

Trump ramped up his trade offensive on Tuesday, announcing a 50pc tariff on copper and vowing to slap long-threatened levies on semiconductors and........

© Dawn Business