US Stock Market Hits Record Highs Led by Tech Shares
The US stock market continued its upward momentum with both the S&P 500 and Nasdaq closing at record highs, buoyed by a surge in tech stocks such as Tesla and Intel. Following a robust November, which marked the best month of the year for the S&P 500, Wall Street is showing strong gains as key indices embrace fresh records. Analysts highlight the significant impact of rising tech stocks on market performance, particularly as major companies like Apple and Nvidia contribute to the rally. As Wall Street enters December, investor sentiment remains optimistic, with expectations of potential Federal Reserve rate cuts likely adding to the momentum.
CNBC, Reuters, The Associated Press, Bloomberg, Quartzy, Benzinga, Investopedia, MarketWatch, Nasdaq, "Investors Business Daily"