The US stock market saw all three major indexes close higher, with the S&P setting a new all-time high. The Dow Jones Industrial Average rose 0.34%, the Nasdaq Composite Index rose 1.51%, and the S&P 500 stock index rose 1.03%. Large-scale technology stocks like Nvidia, Meta, and Google saw gains, while sectors like cruise ships and packaged foods fell.
In European markets, all three major indexes rose on the day, with the London stock market, Paris stock market, and Frankfurt stock market all seeing gains.
In the commodity market, US oil prices fell slightly, while gold prices rose. The article also highlights important global market news, including a significant drop in deposits at New York Community Bank, predictions for the future of electric vehicles, Sweden joining NATO after over 200 years of neutrality, Federal Reserve Chairman Powell facing Congress, and the European Central Bank keeping interest rates unchanged.
Novo Nordisk made headlines with the announcement of a new weight loss drug and strategic focus on cardiovascular diseases, leading to a surge in their stock price. The article concludes with a disclaimer that the content is for information purposes only and does not constitute investment advice.