The U.S. stock market closed higher Thursday, bringing the year-to-date gain of the SPDR S&P 500 ETF Trust SPY to 4%. The S&P 500 climbed 0.5% on Thursday to a record high, lifted by a broad rally that saw all its sectors rise while Big Tech stocks posted mixed results.
Tesla, Meta, Microsoft are near buy points with earnings due. Apple and many others are on tap too with the S&P 500 is at highs.
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The S&P 500 hit a high. Tesla launched the new Model Y in the U.S. and Europe. AI stocks like Nvidia are testing key levels.
Shares of Arm Holdings (NASDAQ: ARM) were trading higher this week. The company's stock gained 8.9% as of market close but was up as much as 13% earlier in the week. President Trump's new AI infrastructure initiative,
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Stocks are approaching records in the first couple of days of Trump's presidency, with more pronounced moves in specific corners of the market this week.
And the worst performing Nasdaq 100 component thus far on the day is ... Two other components making moves today are Tesla, trading down 3.5%, and Warner Bros Discovery, trading up 3.2% on the ...
Stocks climbed as President Donald Trump struck a better-than-feared tone on trade and speculation grew that his policies will further boost Corporate America. Bonds continued to unwind the recent surge in yields.