Nvidia Boosts Nasdaq 0.9%, Dow Dips Amid Mixed Market
By Market Desk
Nvidia’s strong Q2 FY27 earnings and 70% FY28 growth projection fueled a 0.9% surge in the Nasdaq Composite on August 27, 2026. The Dow Jones saw a slight dip.
The Nasdaq Composite surged 0.9% on Thursday, August 27, 2026, driven by robust second-quarter earnings from Nvidia, while the Dow Jones Industrial Average registered a slight decline. The S&P 500 also saw an increase.
Nvidia Fuels Tech Sector Gains
Nvidia’s strong Q2 financial earnings for FY27 provided significant upward momentum. The technology giant reported revenue that more than doubled compared to the previous year, alongside an optimistic projection for the upcoming fiscal year.
- Nvidia Q2 FY27 Revenue: More than doubled year-over-year
- Nvidia FY28 Revenue Growth Projection: 70%
Indices Show Mixed Performance
The broader US market reflected a divergent performance across its major indices. While the tech-heavy Nasdaq led gains, the Dow recorded a modest dip, indicating varied investor sentiment.
- Nasdaq Composite: Up 0.9%
- S&P 500: Up 0.4%
- Dow Jones Industrial Average: Down 0.1% (50 points)
- Brent Crude Oil: Up 0.67% at $87.52 per barrel
This mixed opening signals a market responding to strong individual corporate performances, particularly in the tech sector, even as other segments navigate minor corrections.