US Stocks Hit Record Highs as Market Rally Continues

Reported about 12 hours ago

U.S. stocks achieved new record highs on Wall Street, with the S&P 500 rising 0.4%, the Dow Jones adding 66 points, and the Nasdaq climbing 0.7%. Nvidia led the charge with a 3.9% increase after announcing a significant investment in OpenAI. Market activity included major acquisitions, such as Pfizer's planned $4.9 billion purchase of Metsera and ODP's 32.9% increase following its acquisition agreement. Despite some declines, including Coinbase's 3.1% drop, the overall market uptrend continues amidst expectations of interest rate cuts by the Federal Reserve.

Source: YAHOO

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