Stock market news today: S&P 500, Dow surge to record highs as blue chip index gains over 700 points

The Dow Jones Industrial Average surged more than 700 points on Tuesday to secure another all-time closing high. The benchmark S&P 500 also notched another record amid growing conviction an interest rate cut is near. The blue-chip index rose more than 1.8%, thanks to positive earnings from UnitedHealth , which saw shares rise about 5%. Stocks closed in the green across the board as investors assessed better-than-expected earnings across multiple sectors, along with a retail sales surprise.

More broadly, stocks are holding onto gains after Chair Jerome Powell signaled the Federal Reserve is gearing up to start lowering rates soon, given recent solid inflation prints. Retail sales came in flat but better than expected in June, data out Tuesday showed, adding to the easing in price pressures that have boosted faith in a September cut — a prospect that has already wakened wider bullishness for stocks beyond techs.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stock market today: S&P 500, Nasdaq hover near records as Nvidia becomes most valuable stockTechs are continuing to lead an AI-driven rally that investors simply can't afford to miss out on.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: Stock futures steady as S&P 500, Nasdaq try to build on recordsA consequential week that could provide key signals for the near-term path of interest rates.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: S&P 500 hovers near 5,500 level as Nvidia surge continuesNvidia's record-breaking surge, which catapulted it to the title of world's most valuable public company, was set to continue.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: S&P 500, Nasdaq jump as Nvidia surge continuesNvidia's record-breaking surge, which catapulted it to the title of world's most valuable public company, was set to continue.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: S&P 500, Nasdaq set to jump as Nvidia surge continuesNvidia's record-breaking surge, which catapulted it to the title of world's most valuable public company, was set to continue.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »