Mumbai, Oct. 9 -- The tech-heavy Nasdaq led the way higher jumping 255.02 points (1.1%) to 23,043.38 while the S&P 500 climbed 39.13 points (0.6%) to 6,753.72. The narrower Dow ended the day little changed, edging down 1.20 points or less than a tenth of a percent to 46,601.78.

Wall Street saw solid gains, driven partly by a 2.2% surge in Nvidia (NVDA) shares to a record high after CEO Jensen Huang told CNBC that demand for AI computing has risen substantially over the past six months. Investors brushed off concerns about the ongoing U.S. government shutdown, now in its eighth day, as political gridlock over extending enhanced Obamacare tax credits persists.

Stocks maintained momentum even after the Federal Reserve's September meeting m...