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● LIVE Updated 1h ago · 9 sources tracked

Stock Market Today: S&P 500 Hits New Record High

The S&P 500 and Nasdaq 100 have reached record highs, driven by rising bets on strong quarterly earnings and gains in tech companies, particularly Nvidia. Investors are shrugging off bond market turmoil and rising oil prices. The Dow, S&P 500, and Nasdaq futures had risen earlier in the week, putting a new record in sight.

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  • ✓ The S&P 500 has hit a new record high.
  • ✓ The Nasdaq 100 has also reached a record high.
  • ✓ Gains by the S&P 500 and the Nasdaq were overwhelmingly powered by gains in tech companies.
  • ✓ Nvidia is nearing a $6 trillion valuation.
🛡️ Source Corroboration: 9 independent reporting domains (90% confidence) ⏱ Read time: ~2 min

What changed

The S&P 500 has closed at a new record high, driven by tech company gains.

Live updates

  1. S&P 500 Hits New Record High

    The S&P 500 and Nasdaq 100 have reached record highs, driven by rising bets on strong quarterly earnings and gains in tech companies, particularly Nvidia. Investors are shrugging off bond market turmoil and rising oil prices. The Dow, S&P 500, and Nasdaq futures had risen earlier in the week, putting a new record in sight.

    Why it matters

    The US stock market has been experiencing significant fluctuations, with sharp reversals keeping financial markets unsteady. The S&P 500 had previously set a record high, and the current surge is attributed to the tech sector's performance. The upcoming earnings season is also a key factor in investor decisions.

    What is confirmed

    • The S&P 500 has hit a new record high.
    • The Nasdaq 100 has also reached a record high.
    • Gains by the S&P 500 and the Nasdaq were overwhelmingly powered by gains in tech companies.
    • Nvidia is nearing a $6 trillion valuation.

    Still unconfirmed

    • Some sharp reversals kept financial markets unsteady, as oil prices rose and U.S. stock indexes swung.

    What to watch next

    • Upcoming earnings season
    • Bond market developments
    • Oil price movements
    Sources used for this update (10)
    1. www.cnn.com — Stock Market Data - US Markets, World Markets, and Stock Quotes
    2. finance.yahoo.com — Stock market today: Nasdaq, Nvidia post record highs as tech ...
    3. WSJ — Stock Market Today: S&P Futures Rise, Putting New Record In Sight — Live Updates
    4. reuters.com — Wall St futures rise as yields, oil dip
    5. coincentral.com — Stock Market Today: Dow, S&P 500, Nasdaq Futures Rise After ...
    6. CNN — US stocks hit record high, shrugging off bond market turmoil
    7. CNBC — Stock futures are little changed after S&P 500 hits fresh record: Live updates
    8. Yahoo Finance — S&P 500 And Nasdaq 100 Soar To Record Highs Amid Rising Bets Of Strong Quarterly Earnings — CEG, LCID, SPCX, MRVL In Focus
    9. finance.yahoo.com — S&P 500 closes at record high as Nvidia nears $6 trillion ...
    10. www.goskagit.com — Higher oil prices pull the US stock market further from its record
    confidence 90%
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