Stock Market Today: New S&P, Nasdaq Highs Thanks to Apple, Nvidia

Two of the major indexes enjoyed modest gains Thursday thanks to Nvidia's great Q3 and reports of Apple's renewed automobile ambitions.

An Apple store sign in Grand Central Station
(Image credit: Getty Images)

The stock market lumbered through another tame session at the broader-index level Thursday, but a few exciting individual moves in Big Tech were just enough to get the S&P 500 and Nasdaq Composite back into record territory.

Initial unemployment claims for the week ended Nov. 13 didn't seem to affect stocks much. The week's 268,000 filings were just barely more than expected (260,000), but also slightly lower than last week's upwardly revised 269,000.

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Disclaimer

Kyle Woodley was long NVDA as of this writing.

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Kyle Woodley

Kyle Woodley is the Editor-in-Chief of WealthUp, a site dedicated to improving the personal finances and financial literacy of people of all ages. He also writes the weekly The Weekend Tea newsletter, which covers both news and analysis about spending, saving, investing, the economy and more.

Kyle was previously the Senior Investing Editor for Kiplinger.com, and the Managing Editor for InvestorPlace.com before that. His work has appeared in several outlets, including Yahoo! Finance, MSN Money, Barchart, The Globe & Mail and the Nasdaq. He also has appeared as a guest on Fox Business Network and Money Radio, among other shows and podcasts, and he has been quoted in several outlets, including MarketWatch, Vice and Univision. He is a proud graduate of The Ohio State University, where he earned a BA in journalism. 

You can check out his thoughts on the markets (and more) at @KyleWoodley.