Wall Street closed Wednesday’s session in positive territory, with the Nasdaq leading gains after the sharp sell-off of the previous day.

The Dow Jones Industrial Average rose 0.48% to 52,484.76 points, the S&P 500 gained 1.31% to 7,619.34 points, and the technology-heavy Nasdaq advanced 1.60% to 25,466.19 points.

Markets staged a broad recovery on Wednesday following the previous session’s heavy losses, with the Nasdaq’s rebound underpinned by gains in Nvidia, which managed to arrest a string of recent declines linked to an espionage scandal involving its chief executive.

The Nasdaq received an additional boost from CoreWeave, whose shares surged sharply after the company published its latest quarterly results.

At the close, Nvidia was up 2.87% while CoreWeave gained 24.71%.

CoreWeave’s third-quarter 2026 results pointed clearly to continued robust demand for artificial intelligence infrastructure. Revenue surged 168% year-on-year to US$3.66 billion.

Oil prices also rose approximately 1% on Wednesday, supported by supply concerns after Iran rejected demands to allow enriched nuclear material to leave the country. Brent crude closed at US$92.76 per barrel, up 1.39%, while West Texas Intermediate settled at US$86.53, up 0.57%, recovering from two-month lows reached in the prior session. The moves came amid mounting pressure from the United States for Iran’s nuclear dossier to be incorporated into initial peace negotiations.