US Market Update: Nasdaq Rises 1.4% on Waller's Dovish Signal, NVIDIA Acquires Hugging Face

US stocks closed higher on Thursday as Fed Governor Waller signaled a potential pause in September rate hikes if inflation continues to cool. The Nasdaq rose 1.40%, the S&P 500 gained 1.06%, and the Dow added 1.18%. NVIDIA announced the $12.93 billion acquisition of Hugging Face, while OpenAI released GPT-6 Astra. Bitcoin traded around $77,300.