NVIDIA Corp. (NASDAQ: NVDA) closed at a 52-week high on October 14. This continues an impressive run for the stock which is up 177% in 2024 and 202% in the last 12 months, massively outperforming other technology stocks.

Wall Street started the week soaring on Monday, with both the S&P 500 and Dow Jones Industrial Average hitting new records as tech and pharmaceutical gains buoyed the market. U.S.: Record rally continues as stocks climb Both the S&P 500 and Dow Jones Industrial Average closed at new records Monday,

Wall Street's major averages trade higher, a day after chip stocks slumped on a disappointing outlook from ASML (ASML). Early on and the S&P 500 (SP500) was +0.2%, the Nasdaq Composite (COMP:IND) was near even,