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News in English (USA) / 27.09.2024 / 03:00

US Stock Market Reaches New Heights Amid Positive Economic Data and Tech Gains

On September 26, 2024, the US stock market closed higher for another day, with the S&P 500 hitting a new record high, buoyed by strong economic data and optimistic forecasts from tech companies, particularly Micron Technology. Wall Street's gains were also supported by China's renewed economic stimulus efforts and a notable rally in chip stocks. The Dow Jones saw an increase of 250 points, and gains were widespread across the market with small-cap stocks leading the way. While oil prices dipped, the overall sentiment remained positive as traders digested the latest GDP data and labor market improvements. Key movers included Micron and Super Micro Computer, showcasing the impact of AI and semiconductor sectors on market dynamics.
Yahoo Finance, CNBC, Reuters, Bloomberg, TheStreet, "Investors Business Daily", The Wall Street Journal, Investopedia, The Associated Press, Benzinga