Dow and S&P 500 hit record highs as markets respond to Fed’s rate cut
The 30-stock Dow Jones index gained 522.09 points, or 1.26 percent, closing at 42,025.19, its first close above the 42,000 mark. The S&P 500 increased by 1.7 percent, ending at 5,713.64, surpassing 5,700 for the first time. The Nasdaq Composite also rose sharply by 2.51 percent to close at 18,013.98.
The rise of artificial intelligence has reordered the American stock market, pushing the likes of Nvidia Corp. and other ...
The Dow Jones Industrial Average posted a record high Thursday while other indexes were mostly flat, securing the milestone as AI behemoth Nvidia, known for swaying broader markets, tumbled ...
Tech stocks rallied, with shares of NVIDIA Corporation NVDA and Advanced Micro Devices, Inc. AMD gaining around 4% and 6%, ...
But in spite of Nvidia's dominance in AI, S&P Dow Jones Indices may be leery about handing over the keys to this AI juggernaut. To start with, the Dow is traditionally comprised of time-tested ...
Even though Intel's days as a Dow component are likely numbered, and Nvidia has leapfrogged Intel in the innovation ...
A rally from the “magnificent seven” tech stocks perhaps predictably fueled the rally, but this surprise name was the S&P 500 ...
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