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The Nasdaq Composite Index closed at a record high on Monday, buoyed by advancements in AI technology and a rally in chip stocks, including AMD which reached a $1 trillion valuation. Treasury yields fell from recent peaks, and oil prices dropped, influenced by speculation of Middle East diplomatic progress.
Bitcoin rallies above $77,000, U.S. equities steady, and S&P Global’s flash composite PMI jumps to 56.0 in August from 54.5, while gold hits a three-month high.
Fedspeak vs. war deal: Here are the things that drove this week's stock market Skip Navigation Markets Business Investing Tech Politics Video Watchlist Investing Club PRO Livestream Menu The Federal Reserve gave Wall Street a reality check this week, but the S & P 500 refused to let go of its back-to-back weekly wins.
Arm Holdings reaches another all-time high, driven by recent market trends. The company's stock continues to rise.