Investing.com -- The S&P 500 gave up some gains Tuesday after hitting fresh all-time as an Nvidia-led surge in tech overshadow economic data pointing to a more wary consumer.) rose more than 3%, pushing its market cap to $3.34 trillion, surpassing Microsoft's $3.31T, making the chipmaker the most valuable company by market cap.
Economists had predicted that retail sales, which mostly reflect goods and are not adjusted for inflation, would grow by 0.3%.
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Stock market today: World shares mostly gain after Wall St rallies to new recordsShares are mostly higher in Europe and Asia after U.S. stocks rallied to more records, with gains for technology companies pushing the benchmarks higher. U.S. futures were flat and oil prices declined. On Monday, the S&P 500 rose 0.8%, beating an all-time high it set on Thursday. The Nasdaq composite climbed 1% to set a record of its own.
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Stock market today: World shares mostly gain after Wall St rallies to new recordsShares are mostly higher in Europe and Asia after U.S. stocks rallied to more records, with gains for technology companies pushing the benchmarks higher.
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Stock market today: World shares mostly gain after Wall St rallies to new recordsShares are mostly higher in Europe and Asia after U.S. stocks rallied to more records, with gains for technology companies pushing the benchmarks higher.
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Stock Market Today: S&P 500 in record high as tech stocks continue to flex muscleStock Market Today: S&P 500 in record high as tech stocks continue to flex muscle
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Stock market today: Asian shares mostly lower as China reports factory output slowedShares are mixed in Asia after China reported its factory output slowed in May, with the property market still in the doldrums.
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Stock market today: Asian shares mostly lower as China reports factory output slowedShares are mixed in Asia after China reported its factory output slowed in May, with the property market still in the doldrums.
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