The Dow rose 90.99 points, or 0.23% , to 39,087.38, the S&P 500 gained 40.81 points, or 0.80%, to 5,137.08 and the Nasdaq gained 183.02 points, or 1.14%, to 16,274.94.
NEW YORK: US stocks rose on Friday, with the S&P 500 and Nasdaq closing at record highs, as technology stocks rallied on continued enthusiasm for artificial intelligence, with further support from declining Treasury yields.
The gains marked the second straight closing record for the Nasdaq, which also set an intraday record as AI-related names such as Nvidia and Meta Platforms led it past its prior peak of 16,212.23 set in November 2021.
Already a subscriber? Log in.
Celebrate Merdeka with 50% Off!
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
