The Dow Jones rose even as other indexes fell on the stock market today. Nvidia swooned on a Biden AI move. Bill Ackman made an offer.

The Nasdaq Composite increased 243.30 points or 1.2% to close at 19,864.98, also booking back-to-back gains. The tech-heavy index is up 2.9% year to date, its best start to a year since 2009, when it rose 4.8%.

The Dow Jones Industrial Average jumped over 700 points after Wednesday's inflation report pleased investors. Nvidia rebounded, while Microsoft gave quantum stocks a boost in the stock market today. The consumer price index trended lower in December.