Nvidia Surpasses Microsoft in Market Cap as S&P 500 and Nasdaq Achieve Record Closes

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Stock Market Updates: AI Stocks Power Nasdaq, S&P to Records Yet Again

In the latest stock market news, AI stocks have once again powered the Nasdaq and S&P to record highs. The Dow saw some of its best performers in financial stocks, with companies like Goldman Sachs and JPMorgan Chase climbing. However, Boeing shares slid as the outgoing CEO highlighted concerns about the company’s culture.

On the S&P 500, AI stocks led the index higher, with companies like Teradyne, Vistra, and Constellation Energy Group making significant gains. Nvidia surged, surpassing Microsoft as the world’s most valuable company. Other companies like Netflix and Boston Scientific also saw positive movements.

In the Nasdaq 100, advanced chipmakers followed Nvidia higher, with companies like Micron and Qualcomm rising. However, Charter Communications and other communication stocks declined.

Overall, the stock market is showing mixed trends, with some sectors performing well while others face challenges. Investors are closely watching central bank gold purchases, energy acquisitions, and the impact of regulatory actions on companies like Philip Morris and Lennar. Stay tuned for more updates on the evolving market trends.