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Published 2 months ago

S&P 500, Nasdaq close at fresh records on AI boost, easing yields

  • The Nasdaq Composite index hit a new record, led by technology stocks rallying on AI-related enthusiasm.
  • Nvidia, with 5.03% weighting, and Amazon, with 6.45% weighting, are top stocks in the Nasdaq.
  • The S&P 500 tech index rose 1.76%, sustaining an upward trend supported by a resilient economy.
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