Home » The three major U.S. stock indexes collectively closed higher, with the S&P 500 and the Nasdaq hitting new all-time highs

The three major U.S. stock indexes collectively closed higher, with the S&P 500 and the Nasdaq hitting new all-time highs

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In a recent report by Securities Times, it was disclosed that on March 1st, the three major U.S. stock indexes all closed higher, with the S&P 500 Index and the Nasdaq Index reaching record highs. The S&P 500 Index surpassed 5,100 points for the first time, signaling a positive trend in the market.

At the closing bell, the Dow Jones Industrial Average rose by 90.99 points to 39,087.38 points, a 0.23% increase. The S&P 500 Index saw a gain of 40.81 points to close at 5,137.08 points, reflecting an increase of 0.80%. The Nasdaq Index also experienced a surge, rising by 183.02 points to 16,274.94 points, a 1.14% increase.

Major technology stocks performed well, with Nvidia surpassing a 4% increase and achieving a market value exceeding $2 trillion for the first time. Other companies like Broadcom, AMD, and Dell Technologies also saw significant gains, reaching record closing highs. However, not all tech giants saw positive movements, as Google A and Apple experienced slight declines.

Chinese concept stocks were also on the rise, with companies like Xpeng Motors, Futu Holdings, and Bilibili all experiencing gains. However, Li Auto and Tencent Music witnessed declines in their stock prices.

Securities Times emphasizes that the information provided in the article is for reference only and should not be considered as investment advice. Readers are encouraged to stay informed about stock market trends through the official Securities Times app or WeChat account to make informed investment decisions.

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