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...The S&P 500, the main US equity benchmark, reached 4818.70, rising 0.8 per cent on the day to overtake the previous intraday record set on January 4 2022. Read more here....
...This story has been amended to correct the percentage increase in the S&P 500 on Thursday...
...The S&P 500 notched its fifth consecutive record close on Thursday, with the market making broad gains after solid economic growth data....
...This post has been amended to correct the percentage increase in the S&P 500 on Thursday...
...The S&P had been within touching distance of the records for a month, after a blistering rally at the end of 2023....
...The S&P 500 rose as much as 0.6 per cent in early trading, but gave up most of the gains and was up just 0.1 per cent by mid-afternoon....
...The S&P 500 had been within touching distance of the records for a month, after a strong rally at the end of 2023. Read more here...
...The S&P 500 hit a new intraday record in mid-afternoon trading but closed down 0.1 per cent for the day, with weakness in energy, consumer and tech stocks offsetting strength in utilities and real estate...
...Google parent Alphabet was the biggest drag on the S&P 500 on Monday as a powerful recent rally in large tech groups appeared to lose some steam....
...The S&P 500 index dipped 0.4 per cent overall, while the Nasdaq Composite fell 0.1 per cent....
...Investor enthusiasm about Nvidia and other stocks exposed to artificial intelligence powered the S&P 500 to fresh records last week....
...Nvidia has grown so large and has such a high weighting in the S&P 500 that such a significant jump automatically lifts the entire market....
...The chipmaker has single-handedly driven more than a quarter of the year to date gains in the S&P 500, directly lifting the index by 96 points even before considering the broader effect it has had on investor...
...The S&P 500 is up 4 per cent year to date....
...The S&P 500 closed at its highest level in almost two years as investors shrugged off rising inflation and maintained bets that the Federal Reserve will start cutting interest rates early next year....
...Stock markets were quiet, with the S&P 500 hovering within touching distance of the symbolic 5,000 milestone....
...A month ago, the S&P 500 seemed to be heading towards an all-time high in a broad-based rally that had raised hopes for further gains this year....
...Nvidia has been the biggest single driver of a rally in the S&P 500 this year, powering about a quarter of the gains on the index....
...The tech sector was the main driver of a 1.2 per cent increase in the S&P 500, bringing the benchmark index to a record high for the first time since January 2022....
...“It is a coming of age,” said Howard Silverblatt, senior index analyst at S&P, of the dividend announcement....
...The S&P 500 has hit multiple record highs over the past month, while the tech-dominated Nasdaq Composite was within touching distance of its own record this week....
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