The US stock market experienced significant gains today, with major indices such as the Dow, S&P 500, and Nasdaq reaching record highs. This surge was primarily driven by a strong earnings report from Taiwan Semiconductor Manufacturing Company (TSMC), which bolstered chip stocks like Nvidia and AMD. Additionally, robust retail sales data contributed to the positive sentiment on Wall Street. Investors are optimistic, as solid economic indicators suggest that consumer spending remains strong, further fueling bullish market momentum. As a result, stocks are trading higher, with the S&P 500 opening at a record high.