Nvidia Surges 6% on RTX Spark as Oil Spike Leaves Markets Flat

Midday June 1, U.S. markets ended nearly flat as WTI crude spiked above $90 and Nvidia's gains were offset by energy-driven inflation fears. Nvidia shares rose nearly 5% after launching the RTX Spark AI laptop chip at Computex, propelling the Nasdaq 100 above 30,000 and lifting Dell and Microsoft. Early futures gains faded amid renewed U.S.-Iran tensions, with the S&P 500 closing at 7,585.26. The launch reinforced AI momentum even as Intel and Qualcomm declined on competitive concerns.