The stock market saw some significant gains today with the S&P index hitting a new record high for the 45th time this year. The Dow industrial average also closed at a record level, indicating a positive trend in the market. The NASDAQ index performed well and is approaching its all-time high close from July 10.
Additionally, the small-cap Russell 2000 experienced the biggest increase today, with a surge of 2.10%. It is now within 1.35% of its all-time high close. The closing levels for the major indices are as follows:
– Dow industrial average: +409.74 points or 0.97% at 42863.86
– S&P index: +34.98 points or 0.61% at 5815.03
– NASDAQ index: +60.89 points or 0.33% at 18342.94
– Russell 2000: +45.99 points or 2.10% at 2234.41
Looking at the performance for the trading week, the Dow industrial average was up 1.21%, the S&P index increased by 1.11%, the NASDAQ index saw a gain of 1.13%, and the Russell 2000 went up by 0.97%. Some notable winners this week include Trump Media & Technology Group, Uber Tech, Super Micro Computer, and Robinhood Markets, among others. On the other hand, there were some losers as well, such as Raytheon, Tesla, and First Solar.
Overall, the stock market is showing positive momentum with multiple indices reaching new highs. Investors are closely monitoring the market for further developments and opportunities for growth. It will be interesting to see how the market performs in the coming weeks as various factors continue to influence stock prices. Stay tuned for more updates on the market trends and individual stock performances.
