World News 2: Nvidia shares hit fresh record high

U.S. stocks ended mixed on Wednesday, as President Trump declared a ceasefire between Israel and Iran.

Shares of Nvidia in particular jumped over 4%, closing at a record high for the first time since January.

The strong performance helped lift the Nasdaq Composite by about 0-point-3 percent.

The S&P 500 briefly touched an all-time intraday high before slipping slightly to close at a little over 6-thousand-92.

Nvidia's market capitalization has now reached 3.77 trillion dollars, making it the world's most valuable company, narrowly ahead of Microsoft.

Analysts say investors remain confident in Nvidia's dominance in the AI sector, despite tightened export controls to China under the Trump administration.