Stock market indexes S&P 500 and Nasdaq-100 hit record highs, led by tech sector
From Yahoo Finance: 2025-06-26 18:45:00
The S&P 500 hit all-time highs, rebounding from March and April corrections, trading as high as 6,146.52 midday, close to its previous record close of 6,144.15. It closed at 6,141.02, just shy of the all-time highs. The Nasdaq-100 also hit a record high earlier in the week.
Both indexes bounced back from trade war tensions, with the S&P 500 dropping 18.9% at its lowest point. Now up over 5% for the year, led by tech giants like Microsoft, Nvidia, and Broadcom hitting record highs recently. The rally hasn’t been evenly distributed, with some ETFs still below peaks.
Not all tech giants are thriving, with Apple down 23% from highs and Tesla down 32% due to concerns over exposure to China and a rocky rollout of its robotaxi initiative. Despite this, the S&P 500 and Nasdaq-100 continue to climb, with technology stocks leading the charge.