The S&P 500 closes above 7,200 for the first time and the Nasdaq Composite surpasses 25,000, driven by Apple’s strong earnings and the best April rally since November 2020.
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.
Driven by sustained AI investment enthusiasm, the S&P 500 and Nasdaq both hit all-time highs, with Nvidia’s market cap breaking above $5 trillion once again and Apple shares surging.
The S&P 500 closed at a record high, driven by technology stocks and Apple’s gains.
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.
U.S. stocks surged on the final trading day of April, with the S&P 500 closing above 7,200 for the first time and the Dow jumping nearly 800 points, as all three major indices posted their biggest monthly gains since 2020.