The S&P 500 and Nasdaq registered record closing highs on Thursday, and Nvidia's market value closed above $4 trillion for the first time, while the Brazilian real recovered some losses following U.S.

Nvidia’s stock market value ended the trading session above $4 trillion for the first time on Thursday, solidifying the AI chipmaker’s position as one of Wall Street’s most-favored stocks. Shares of Nvidia ended up 0.

Nvidia shares rose to a new record Thursday, helping lift the S&P 500 and Nasdaq composite to all-time highs of their own. The artificial intelligence chip-maker closed Thursday’s trading with a valuation of more than $4 trillion,

Nvidia became the first company to hit a $4T market capitalization on Wednesday. Click here to find out more about NVDA stock.