The S&P 500 jumped 1.23% to end the session at 4,839.81 points. The Nasdaq jumped 1.70% to 15,310.97 points, while Dow rose 1.05% to 37,863.80 points.
NEW YORK: The S&P 500 posted a record high close on Friday for the first time in two years, fuelled by a rally in chipmakers and other heavyweight technology stocks on optimism around artificial intelligence.
The benchmark's close confirmed that the S&P 500 has been in a bull market since it closed at its low on Oct. 12, 2022, according to one measure which also puts that date as the end of a bear market.
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