| U.S. stocks extended their rally Thursday, closing higher across the board after a cooler-than-expected CPI report boosted hopes for a more dovish Fed path. The Nasdaq led gains as tech stocks surged—Nvidia (NVDA) jumped on accelerating GPU orders, while Adobe (ADBE) rose after announcing new AI features for its creative suite. The S&P 500 also climbed, supported by strength in consumer and healthcare names: Amazon (AMZN) rallied on positive Prime Day results, and Merck (MRK) advanced after upbeat trial data for a key oncology drug. The Dow added to the bullish tone, with Caterpillar (CAT) rebounding on a global infrastructure demand update, and Home Depot (HD) gaining as housing and renovation activity showed summer strength. In financials, Bank of America (BAC) and U.S. Bancorp (USB) traded higher ahead of tomorrow’s big bank earnings. With inflation cooling and earnings season kicking off, investor sentiment appeared broadly constructive as the major indexes pushed to fresh multi-week highs. Market Drivers: 📱Technology: Nvidia Rallies, Adobe Advances: Nvidia (NVDA) surged as demand forecasts for next-gen GPUs climbed following bullish analyst commentary. Adobe (ADBE) gained after unveiling new AI-powered features for its Creative Cloud suite, sparking renewed interest in productivity tech names. 🏦 Financials: Bank of America Gains, U.S. Bancorp Rises: Bank of America (BAC) moved higher ahead of tomorrow’s earnings on expectations of stable net interest income and loan growth. U.S. Bancorp (USB) climbed as analysts pointed to improving consumer credit quality and early signs of deposit stabilization. 🚗 Automotive: Caterpillar Rebounds, GM Firms: Caterpillar (CAT) rose on optimism around global infrastructure investment and commodity equipment demand. General Motors (GM) edged up after reaffirming full-year EV production targets and highlighting improved factory efficiency. 🏥 Healthcare: Merck Jumps, Pfizer Slips: Merck (MRK) advanced after positive trial data for its experimental cancer therapy boosted outlooks. Pfizer (PFE) ticked lower as investors digested mixed feedback on its next-gen vaccine pipeline and pricing pressures. 🍔 Consumer Discretionary: Amazon Pops, Home Depot Climbs: Amazon (AMZN) rallied on strong Prime Day sales and cloud services momentum. Home Depot (HD) gained as housing sector tailwinds and DIY trends supported a more constructive near-term sales outlook. Trump's "New Golden Age" Tech to Create $12 Trillion Boom?[ad] | 