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<US>Nasdaq Gains 1.6%, Closes at Record High w/ S&P 500; Apple, Alphabet, Amazon Up 2%+
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US President Donald Trump's extension of the US ceasefire agreement with Iran, paired rosy corporate earnings, boosted market sentiment. The Nasdaq and the S&P 500 both closed at record highs. US equities advanced across the board on Wednesday. The S&P 500 erased its losses for the week, adding 73 points, or 1.1%, to close at 7,137. The Nasdaq hit an intraday record high of 24,660 and finished up 397 points, or 1.6%, at 24,657. The DJIA shot up 340 points, or 0.7%, to close at 49,490. Apple (AAPL.US) spiked 2.6%, leading gains among the "Magnificent Seven", as CEO Tim Cook will serve long-term as chairman. Alphabet (GOOG.US) and Amazon (AMZN.US) each climbed more than 2%. Auto-translated by AI AASTOCKS Financial News |
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