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.