S&P 500 surges to record high today: Why is S&P 500 rising and US stock market rallying to all-time highs?
S&P 500 hit a new all-time high of 6,850 Monday as Wall Street rallied on strong tech earnings and trade optimism. The Dow jumped 208 points to 47,412, and the Nasdaq surged 1.5% to 23,561. Qualcomm soared 13% on new AI chips, Nvidia rose 2%, and Apple neared a $4 trillion market cap. Cooling yields and hopes of a US-China trade truce powered the US stock markets record-breaking rally.
S&P 500 hit a new all-time high of 6,850 Monday as Wall Street rallied on strong tech earnings and trade optimism. The Dow jumped 208 points to 47,412, and the Nasdaq surged 1.5% to 23,561. Qualcomm soared 13% on new AI chips, Nvidia rose 2%, and Apple neared a $4 trillion market cap. Cooling yields and hopes of a US-China trade truce powered the US stock markets record-breaking rally.
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
