Reported 8 months ago
On Tuesday, the US stock market saw the S&P 500 and Nasdaq hitting record highs as Nvidia overtook Microsoft to become the most valuable public company with a market capitalization of over $3.33 trillion. The S&P 500 closed up about 0.3%, and the Nasdaq Composite marked its seventh consecutive record close. Tech stocks have continued to lead a rally driven by artificial intelligence technologies, while retail sales data showed a modest increase in May amid concerns of high interest rates and inflation. The article also discussed Berkshire Hathaway's increased stake in Occidental Petroleum and Apple discontinuing its buy now, pay later service.
Source: YAHOO