• Sat, Feb 28, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

25 September 2024 03:36  |

S&P 500 rises to new record high Tuesday, posts back-to-back gains

The S&P 500 rose to a fresh record on Tuesday and largely shook off a weak consumer confidence reading, thanks to a sharp rise in Nvidia.

The broad market index advanced 0.25% to 5,732.93. The Dow Jones Industrial Average added 83.57 points, or 0.20%, to close at 42,208.22. Both indexes hit intraday all-time highs and closed at records. The Nasdaq Composite added 0.56% and ended at 18,074.52.

Shares of artificial intelligence darling Nvidia climbed nearly 4% after a regulatory filing showed that CEO Jensen Huang wrapped up his sales of the chipmaker's stock for the time being.

Consumer confidence suffered its biggest one-month decline in more than three years, hitting 98.7 for September. Economists polled by Dow Jones expected a reading of 104.

Source: CNBC

Related News

HANGSENG

Hang Seng Index Rises 0.8%; Alibaba Leads Advance

The Hang Seng Index opened 0.8% higher, climbing 146.05 to 18,159.21, as stocks gain for the sixth straight day in Hong Kong....

20 September 2024 09:07
MARKET UPDATE

Asia Eyes Cautious Open After Worrying China Data

Asian stocks are set for a cautious open Monday after a slew of worse than expected Chinese economic activity data landed ove...

16 September 2024 07:31
MARKET UPDATE

Asia Shares Steady, Dollar Firm Before Jobs Test

Asian share markets got off to a quiet start on Monday as investors braced for a data-packed week culminating in a U.S. jobs ...

2 September 2024 07:47
MARKET UPDATE

Asia stocks hit 2-1/2-year high on China's stimulus measures

Asian stocks rose on Tuesday to their highest in more than two and half years, boosted by a slew of Chinese stimulus measures...

24 September 2024 09:25
BIAS23.com NM23 Ai