Stock market today: Rising tech stocks pull Wall Street to another record

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Stock market today: Rising tech stocks pull Wall Street to another record

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Stock market today: Rising tech stocks pull Wall Street to another record

//stocks-investing.news-articles.net/content/202 .. h-stocks-pull-wall-street-to-another-record.html

Published in Stocks and Investing on Tuesday, December 3rd 2024 at 5:31 GMT by Thomas Matters
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

NEW YORK (AP) â€” Technology stocks pulled Wall Street to another record amid a mixed Monday of trading. The S&P 500 rose 0.2% from its all-time high set on Friday to post a record for the 54th time this year. The Dow Jones Industrial Average fell 128 ...

The article from The Globe and Mail discusses the recent performance of Wall Street, highlighting that technology stocks have been a significant driver in pushing the market to new record highs. Despite concerns about inflation and potential interest rate hikes, major tech companies like Apple, Microsoft, and Amazon have seen substantial gains, buoyed by strong earnings reports and positive future outlooks. This surge in tech stocks has overshadowed broader market anxieties, including geopolitical tensions and economic recovery uncertainties. The article also notes that while the tech sector thrives, other sectors like energy and financials have experienced more volatility, reflecting a mixed market sentiment. Overall, the market's upward trend is largely attributed to the robust performance of tech giants, which continue to attract investor confidence amidst a complex economic landscape.

Read the Full The Globe and Mail Article at:
[ https://www.theglobeandmail.com/investing/markets/commodities/ZTM20/pressreleases/29840428/stock-market-today-rising-tech-stocks-pull-wall-street-to-another-record/ ]

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