Reported about 1 month ago
The US stock market saw significant gains with the Dow Jones Industrial Average reaching a record high, driven by a strong quarterly report from Taiwan Semiconductor Manufacturing Company (TSMC) and robust retail sales data. TSMC's forecast boosted optimism in the semiconductor sector, particularly benefiting Nvidia and other chip stocks, while retail sales exceeded expectations, indicating potential economic growth. Investors are now focused on upcoming earnings reports from major tech companies.
Source: YAHOO