Nasdaq and S&P 500 Hit New Highs as Tech Sector Thrives to Start December

Reported 1 day ago

The Nasdaq and S&P 500 reached record highs on December 1, 2024, driven by strong performance in the tech sector. The S&P 500 rose 0.2% while the Nasdaq increased nearly 1%, with significant contributions from major tech stocks like Apple and Tesla. The market's positive momentum is bolstered by strong job market expectations and an optimistic outlook following the election of Donald Trump. Meanwhile, the Dow Jones experienced a slight decline, and key economic data is awaited to gauge future Federal Reserve policies.

Source: YAHOO

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