S mall caps and blue chips lagged a generally down market Friday as the Russell 2000 and Dow Jones Industrial Average were responsible for most of the selling. Meanwhile the Nasdaq and S&P 500 tried to limit losses as Nvidia NVDA and Palantir PLTR continued to attract buyers on the stock market today.

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Wall Street history has been made this week by AI corporation Nvidia. On July 8, the dominating AI company reached a $4 trillion market capitalization, the first publicly traded company to ever hit this mark.

The Dow Jones Industrial Average gained ground as metal, cyclical and financial stocks kept a bullish profile. But datacenter stocks got stung.

Nvidia CEO Jensen Huang is scheduled to meet with President Donald Trump at the White House on Thursday, according to CNBC. The meeting follows Nvidia’s historic achievement of becoming the first company to close a trading day with a market cap above $4 trillion,

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Nvidia's earnings over the past 12 months were worth about 0.07% of global GDP, according to Deutsche Bank, while the company employed around 0.0004% of the global population. Now that Nvidia has passed the $4 trillion market-capitalization milestone,

US stock market futures fell after President Donald Trump announced a 35% tariff on Canada, starting August 1, intensifying global trade concerns. Despite positive earnings from companies like Delta and Levi Strauss,