Reported about 14 hours ago
Nvidia's recent earnings report has heightened optimism for the S&P 500 to achieve its best annual performance ever, following a 24% rise this year fueled by strong mega-cap tech stocks and market enthusiasm surrounding pro-growth policies post-election. The index has reached numerous all-time highs, and analysts suggest it may surpass the previous record of a 29.6% increase recorded in 2013. Despite concerns over inflation and geopolitical tensions, solid corporate profits and investor confidence in economic growth could support sustained gains through year-end.
Source: YAHOO