S&P 500 closes at record high as AI rally drives tech stocks higher
The S&P 500 index closed at a new all-time high on Thursday, driven by an ongoing AI investment surge that powered tech stocks higher, with Apple leading Wall Street gains.
The S&P 500 index closed at a new all-time high on Thursday, driven by an ongoing AI investment surge that powered tech stocks higher, with Apple leading Wall Street gains.
The Nasdaq Composite index breaks through 25,000 for the first time, with the S&P 500 and Dow Jones also surging, driven by AI chips and tech sector strength.
On April 30, the S&P 500 breached 7,200 for the first time as both the index and Nasdaq closed at record highs. The Dow surged nearly 800 points, marking the best monthly performance since 2020.
The Nasdaq is set to open lower as stalemate in US-Iran peace talks and crude oil surging above $107/barrel trigger risk-off sentiment across markets, with gold climbing and Bitcoin retreating.