It was cheerful murmurs on Wall Street on Wednesday and the leading indices on the New York stock exchange rose.
The technology sector was behind the upswing. Semiconductor giant Nvidia lifted 5.2 percent and that means Nvidia has a market value of over $3 trillion. The company is thus passing Apple and is now Wall Street's second most valuable company. The most valuable is Microsoft.
Microsoft and Apple also rose during the day. They went up 1.9 percent and 0.8 percent respectively.
Hewlett Packard, which manufactures printers and computers, reported fine quarterly figures and the stock lifted nearly 11 percent.
Investors were also pleased, among other things, by the US job figures which turned out to be weaker than expected. And that could open the door for earlier interest rate cuts.
The broad S&P 500 index rose 1.2 percent, Nasdaq's composite index increased 2.0 percent, while the Dow Jones industrial index went up 0.3 percent.
Both the S&P 500 and Nasdaq reached new record levels, according to CNBC.
