S&P 500 Hits Record High on Tech Rally
Major U.S. stock indexes reached new all-time highs today as technology stocks surged following stronger-than-expected earnings reports from leading tech companies.
Real-time updates from trusted financial sources
Major U.S. stock indexes reached new all-time highs today as technology stocks surged following stronger-than-expected earnings reports from leading tech companies.
Bitcoin rallied to its highest level in six months as institutional investors continued their buying spree amid growing adoption of cryptocurrency ETFs.
Federal Reserve officials indicated they may pause interest rate cuts as inflation remains above their 2% target, according to minutes from the latest policy meeting.
The U.S. dollar gained ground against major currencies after positive employment figures reinforced expectations of sustained economic growth.
Apple Inc. exceeded analyst expectations with quarterly revenue of $89.5 billion, driven by strong iPhone 15 sales and growing services revenue.
Crude oil futures climbed 3% amid concerns about potential supply disruptions in the Middle East following escalating geopolitical tensions.
U.S. Treasury yields fell across the curve as investors moved into safer assets amid uncertainty about the global economic outlook.
Shares of major electric vehicle manufacturers jumped after the government announced expanded tax incentives for EV purchases and charging infrastructure.