Wall Avenue ends optimistic and with information for the Nasdaq

by times news cr

2024-06-22 23:41:37

The bag of NY ended positively yesterday, once more with information for the technological index Nasdaq and the S&P 500.

Powered by giants Microsoft y Applehe Nasdaq reached a brand new excessive by profitable 0.95% to 17,857.02 factors and the S&P 500 gained 0.77% for an additional document, to five,473.23 models.

The Dow Jones, in the meantime, gained 0.49% to 38,778.10. “The market seems resilient, sustained by the greed (for values ​​of the) synthetic intelligence”, summarized Peter Cardillo, of Spartan Capital.

However, this time, it was not the actions of the star of the sector, Nvidia, that fueled the rise, though its extremely sought-after microchips make it in figurehead
of the upward motion linked to AI.

The producer misplaced 0.68%, however its market capitalization is scorching on the heels of Apple (+1.97%) y Microsoft (+1.31%).

“The development of expertise shares linked to the event of AI outpaced the remainder of the market” this 12 months, famous Artwork Hogan of B. RIley Wealth Administration.

The infrastructure giants for Broadcom telecommunications (+5.41%) and Qualcomm (+3.20%) benefited from the increase that the transmission of providers linked to synthetic intelligence will give and pushed the rise. Intel, one other microprocessor large, gained 1.63%.

2024-06-22 23:41:37

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