Reported 9 months ago
The Nasdaq Composite led gains as Amazon surpassed a $2 trillion market cap for the first time ever, with the S&P 500 rising by 0.2% and the Dow Jones Industrial Average edging 0.04% higher. The market also saw a surge in Rivian shares after an alliance with Volkswagen that could bring in up to $5 billion for the EV maker, and FedEx stock jumped over 15% as its 2025 profit forecast exceeded Wall Street estimates. Additionally, tech giants like Nvidia and Apple continued to impact market performance, while investors awaited economic data ahead of the key PCE inflation release on Friday.
Source: YAHOO