U.S. stocks opened higher on October 29, with the Dow Jones Industrial Average and the S&P 500 both rising by 0.2%, while the Nasdaq Composite increased by 0.6%. Nvidia's stock surged 3.3% at the opening, propelling its market capitalization beyond $5 trillion. This milestone makes Nvidia the first company globally to achieve such a valuation, just under four months after it surpassed the $4 trillion mark. Nvidia's stock has climbed 50% this year, reflecting strong investor confidence.