Stock Market Today: NVDA Hits $4.5T, Healthcare Tariff Rally, LAC Soars

Despite markets facing the first day of a government shutdown, the SPX and NDX hit new all-time highs with stocks closing higher. Nvidia (NVDA) made its own record high and hit a second milestone on the same day: a $4.5 trillion market cap. U.S. pharma stocks rallied strong as President Trump's pharma import tariffs go into effect, while Pfizer (PFE) gained more traction on a Trump-centric deal. The U.S. government taking a stake in Lithium Americas (LAC) sent the small cap stock soaring. Marley Kayden takes investors through the big session on Wall Street.

The Wrap

01 Oct 2025

SHARE

Schwab Network's Newsletters

Daily insights for every investor