Stock market indices hit new record highs, with S&P 500 and Nasdaq climbing

From Network18 Media & Investments Ltd.: 2024-07-08 21:59:37

US stock market indices hit new record highs on July 9, with the S&P 500 and Nasdaq climbing. S&P 500 closed at 5,572.85, Nasdaq at 18,403.74, while Dow Jones dipped to 39,344.79. Nvidia, Broadcom, and AMD saw gains, while Corning surged 12%. Boeing inched up 0.5% after a fraud charge admission, as Paramount Global fell due to a merger. Investors await earnings reports from Delta Air Lines, JPMorgan Chase, Citigroup, and Wells Fargo this week. Federal Reserve Chair Powell to testify on rates and inflation, with Treasury yields stable at 4.27%. (Source: AP)



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