India, Aug. 27 -- US tech shares are spearheading the Wall Street advance on Thursday, August 27, with Nvidia acting as the catalyst behind the move. The Nasdaq Composite Index was last seen at 26,447.22, up 317.02 points or 1.21% while the S&P 500 gained 0.58%, whereas the Dow Jones Index advanced 0.32%.

The sentiment is being boosted by Nvidia's robust earnings results and positive revenue guidance for the future meanwhile, high inflation prints continue to keep attention on the Fed's rate policy.

US Stock Market Today Live: Market Snapshot

The Nasdaq is clearly outperforming the other major US benchmarks, reflecting strong demand for technology and semiconductor stocks.

US Stock Market Today: Key Market Indicators

The labour marke...