U.S. stocks close higher with Nvidia overtaking Apple
NEW YORK, June 5 (Xinhua) -- U.S. stocks ended higher on Wednesday, driven primarily by gains in key technology stocks.
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NEW YORK, June 5 (Xinhua) -- U.S. stocks ended higher on Wednesday, driven primarily by gains in key technology stocks.
S&P 500 and Nasdaq hit record highs on Wednesday fueled by tech stocks amid expectations of Fed's easing cycle, impacting various sectors and economic indicators.
The Standard and Poor 500 index experienced a solid rise gaining 6269 points to close at 535403 a new record highampnbsp
The S&P 500 and Nasdaq indexes hit record intraday highs on Wednesday, driven primarily by technology stocks. Economic data supported expectations of Federal Reserve rate cuts. Emerging reports hinted at labor market easing and potential rate reductions. These movements were further influenced by strong performances from companies like Nvidia, Hewlett Packard Enterprise, and CrowdStrike Holdings.
US stocks ended higher on Wednesday driven primarily by gains in key technology stocks The Dow Jones Industrial Average rose 9604 points or 025