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<US>S&P 500, Nasdaq Set Record Highs; DJIA Lags, Down 72 Pts; Tesla Swells ~8%
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Amid continued market hopes for US-Iran peace talks, the S&P 500 and the Nasdaq both notched fresh record highs. The S&P 500 hit an intraday 52-week high of 7,026 and closed near the peak at 7,022, up 55 points or 0.8%. The Nasdaq also set a new high and finished near its record at 24,016, up 376 points or 1.6%. The DJIA lagged behind, finishing down 72 points or 0.2% at 48,463. Tesla (TSLA.US) swelled 7.6%, after Elon Musk said progress had been made in chip development. Meta (META.US) and Broadcom (AVGO.US) extended their customized AI chip partnership through 2029, with their shares up 1.4% and 4%, respectively. Several banks had their results reported. Morgan Stanley (MS.US) hit a 52-week high, climbing more than 4%, while Bank of America (BAC.US) posted quarterly earnings beat, shoring its stock up by nearly 2%. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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