US STOCKS-AI darling Nvidia's bumper results send S&P 500, Dow …

Both the S&P 500 and Dow Jones Industrial average hit record highs on Thursday after artificial intelligence darling Nvidia forecast bumper revenue, stoking investor confidence that also …

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Dow, S&P 500 Hit Record Highs, Fueled By AI Darling Nvidia

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Feb 22, 2024 · The Dow Jones industrials also hit a record, jumping about 4500 points, or 1.1% to pass 39,000. The Nasdaq Composite surged 2.9%. The Dow passed 39,000 for the first time. …

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Wall Street Parties Like It's 1998 As AI Fuels Gains Unmatched Since ...

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Dec 5, 2024 · NEW YORK (AP) — The S&P 500 is on track to close 2024 with a gain of nearly 27%, after setting 50 record highs this year. That’s on top of its 24.2% spurt the year before, a …

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S&P 500 Hits New All-Time High—Up Over 65% From 2022 Low

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Oct 14, 2024 · Fittingly, AI king Nvidia headlined Monday’s gains, rising 2.4% toward what should comfortably be an all-time record close.

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FAQs about US STOCKS-AI darling Nvidia's bumper results send S&P 500, Dow … Coupon?

Why did the S&P 500 & Dow Jones industrial average hit record highs?

Both the S&P 500 and Dow Jones Industrial Average hit record highs on Thursday after artificial intelligence darling Nvidia forecast bumper revenue, stoking investor confidence that also boosted other growth stocks. ...

Why did the S&P 500 hit a new record?

The benchmark S&P 500 index briefly hit a fresh record on Thursday after Nvidia's stellar results and forecast spurred the artificial intelligence-led rally this year. Nvidia's shares surged 12.9% after the chip designer forecast a roughly three-fold surge in first-quarter revenue on strong demand for its AI chips. ...

Will the S&P 500 finish above 5000 this year?

The benchmark index will finish this year above the 5,000 mark, according to strategists in a Reuters poll. Both the S&P 500 and Dow Jones Industrial average hit record highs on Thursday after artificial intelligence darling Nvidia forecast bumper revenue, stoking investor confidence that also boosted other growth stocks. ...

How did Nvidia's performance affect the S&P 500?

The Dow Jones Industrial Average was up 226.78 points, or 0.59%, at 38,839.0, and the tech-heavy Nasdaq Composite was up 332.50 points, or 2.13%, at 15,913.37. The benchmark S&P 500 index briefly hit a fresh record on Thursday after Nvidia's stellar results and forecast spurred the artificial intelligence-led rally this year. ...

What happened to the S&P 500 in 2024?

The Dow Jones Industrial Average and S&P 500 kicked off the week at record-high levels, while the Nasdaq started trading Monday 1.7% away from its all-time high set in July. Coming into the week, the S&P 500 and Nasdaq have each gained 22% in 2024. Futures tied to the Dow Jones Industrial Average were down 0.2%. S&P 500 futures were up 0.2%. ...

Did AI boost the S&P 500?

The S&P 500 growth index rose 2.8%, headed for its biggest one-day percentage gain since November 2022. Shares of other companies, seen as beneficiaries of the AI boost, also got a shot in the arm. Nvidia’s rival Advanced Micro Devices, server component supplier Super Micro Computer, and Arm Holdings jumped between 7.6% and 26%. ...