[U.S. Stock Market Close: Nasdaq and S&P 500 Hit New Highs, NVIDIA's Market Cap Reaches $5.71 Trillion] The three major U.S. stock indices closed higher collectively, with the Nasdaq up 0.88%, the S&P 500 up 0.77%, and the Dow Jones up 0.75%. Among them, the Nasdaq and S&P 500 continued to hit new highs. NVIDIA rose more than 4%, reaching a new high, with a total market capitalization of $5.71 trillion. Artificial intelligence chip manufacturer Cerebras Systems surged over 68% on its first day of trading.