Stock Market Today: S&P500 clinches record high; Nvidia now most valuable company

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Stock Market Today: S&P500 clinches record high; Nvidia now most valuable company

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: 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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