Reported 11 days ago
US stocks gained on Thursday, pushing the S&P 500 to a new record high, fueled by solid GDP growth data, buoyant earnings from Micron, and positive signals from China's economic stimulus plans. The Dow Jones Industrial Average rose 0.62%, while the Nasdaq Composite climbed 0.6%, benefiting from a surge in chip stocks like Micron and Advanced Micro Devices. As investors await the upcoming PCE inflation data, hopes remain high for continued market support.
Source: YAHOO