Reported about 1 year ago
US stock indexes flirted with record highs as the S&P 500 briefly crossed the 5,500 level for the first time, driven by Nvidia's record-breaking surge. The tech-heavy Nasdaq Composite also touched new highs but later fell, while the Dow Jones Industrial Average rose. Nvidia's rapid rise made it the world's most valuable company, driving excitement around AI. Energy stocks led Thursday's gains, with the S&P 500 Energy Select ETF up over 1%. Housing starts hit a 4-year low, signaling a slowdown in construction activity, and separate data showed declining confidence among homebuilders due to high mortgage rates.
Source: YAHOO