NEW YORK, Jan. 19 (Xinhua) U.S. stocks ended higher on Friday, pushing the S&P 500 and the Dow to new heights, fueled by surging tech stocks and bets that the Federal Reserve will cut interest rates this year.
US stock market: The S&P 500 closed at a record high on Friday, driven by a surge in tech stocks, particularly those of chip-making companies that are buoyed by optimism surrounding artificial intelligence (AI) advancements. The index climbed 1.23 per cent to close at 4,839.81 points. The tech-heavy Nasdaq index advanced 1.70 per cent to 15,310.97 points, and the Dow Jones Industrial Average increased by 1.05 per cent to 37,863.80 points., Markets News, Times Now
S&P 500 notches first record high close in 2 years on AI bets streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
S&P 500 jumps to first record high in 2 years on AI optimism streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.