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 S&P 500 rises to record on solid economic data, tech stock gains: Live updates
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On September 26, 2024, the S&P 500 rose 0.2% to a record high, driven by a 17% surge in Micron Technology following strong quarterly results and guidance. The Nasdaq Composite increased by 0.3%, and the Dow Jones Industrial Average gained 202 points (0.4%). Weekly jobless claims fell to 218,000, and durable goods orders remained unchanged, supporting a steady economy. The S&P 500 has reached all-time highs over 20% of trading days in 2024. Super Micro Computer shares dropped over 10% amid a DOJ investigation. Wells Fargo predicts Fed rate cuts could boost market opportunities in 2025, while Trump’s trade proposals may increase inflation.

#S&p500 #MicronTechnology #EconomicData #StockMarket #DowJones #Nasdaq #WellsFargo #Trump #Inflation #SuperMicroComputer

https://www.cnbc.com/2024/09/25/stock-market-today-live-updates.html