S&P 500 and NASDAQ Hit Record Highs
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Wall Street ends up
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The Nasdaq Composite rose to a record high on Thursday, with Wall Street's other major indexes also advancing, as strong economic data and positive earnings reports cheered investors.
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Asianet Newsable on MSNWall Street Looks To End Week Higher After Nasdaq, S&P 500 Notch Fresh Record: Strategist Says Favorable Trump Policies Fueling Unstoppable RallyThe S&P 500 Index hit new intraday (6,304.69) and closing highs (6,297.36), while the Nasdaq Composite ended at a fresh peak for a fourth straight session.
Asian shares are mostly higher after Wall Street rose to records following better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies.
Asian shares tracked Wall Street higher on Friday as still-strong U.S. economic data and robust corporate earnings offset tariff worries, while the yen headed toward a second successive week of loss ahead of Japan's upper house election.
Nvidia (NASDAQ: NVDA) stock currently trades for around $155. However, Loop Capital just gave Nvidia a new price target of $250 per share. That indicates around 60% upside from today's price, but the implications of a $250-per-share stock are far greater.
Wall Street digested a surprisingly cool wholesale inflation reading and more big bank earnings, with one eye on Trump's latest tariff moves.
TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Another batch of upbeat U.S. economic data including solid retail sales boosted risk appetite on Thursday,
Wall Street was set for a slightly higher open on Tuesday as a full U.S. approval of a COVID-19 shot boosted shares of energy and travel-related companies, while gains in technology stocks put the ...