On May 20, the Nasdaq Composite and the S&P 500 closed at record highs, driven by strong performances in technology stocks, particularly Nvidia. Nvidia shares rose by 2.55% and have gained over 550% in the past three years, significantly outperforming Broadcom and Advanced Micro Devices. Investors are closely watching Nvidia's upcoming earnings report, which is expected to further influence market performance. Additionally, the Federal Reserve's potential interest rate cut is also being monitored by investors. The S&P 500's record close marked its 24th of the year and its 371st over the last 12 years.