S&P 500 climbs above 5,500 record-high stage for 1st time in historical past

Nazim Sheikh

International Courant

ISTANBUL

The S&P 500 climbed above the 5,500 record-high stage for the primary time in historical past as US shares opened Thursday with positive aspects.

The S&P 500 added 17 factors, or 0.31%, to five,504 at 9.47 a.m. EDT (1347GMT). The Nasdaq gained 63 factors, or 0.35%, to 17,925.

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The Dow Jones, in the meantime, elevated 106 factors, or 0.27%, to 38,941.

Nvidia’s inventory worth jumped 3.27% to a brand new all-time excessive of $140.02 per share on the time, whereas its market worth stood at $3.44 trillion.

The chipmaker’s market cap surpassed Microsoft’s throughout Tuesday’s session to change into the world’s most respected firm.

The VIX volatility index, also called the worry index, rose 2.6% to 12.81. The ten-year US Treasury yield added 3.2% to 4.282%.

The greenback index elevated 0.2% to 105.46, whereas the euro misplaced 0.13% to $1.0728 in opposition to the buck.

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Valuable metals had been within the inexperienced, with gold rising 0.8% to $2,348 per ounce and silver gaining 2% to $30.33.

Oil costs had been up round 0.7%, with world benchmark Brent crude at $85.77 and US benchmark West Texas Intermediate at $81.25.

The New York Inventory Change was closed on Wednesday as a result of observance of Juneteenth Nationwide Independence Day to commemorate the ending of slavery within the US.

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S&P 500 climbs above 5,500 record-high stage for 1st time in historical past

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