NASDAQ Hits Record Close
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Stocks on Thursday were shaking off earlier weakness following President Donald Trump’s latest tariff threats, with all three major U.S. indexes only a short distance away from record highs.
US stocks hit records, and Nvidia closed above a $4 trillion market cap for the first time. Investors looked past tariffs and toward earnings season.
The Nasdaq Composite and S&P 500 each established record highs, while the Dow made significant gains on Thursday following the potential 50% tariffs on copper and Brazilian imports.
I'm talking about Nvidia (NVDA) , of course, and the question is: Can it help power the S&P 500 to another record high? The answer is yes. In premarket trading shares of the AI-chip giant are trading up nearly 1%.
The S&P 500 closed at a record high on Friday, soaring to its highest level since February as investors cheered a host of bullish catalysts.
US stocks mostly turn up, shrug off 50% tariff on Brazil. MP Materials soars on Dept of Defense's big stake. Delta outlook lifts airlines.
Stock futures are holding steady Thursday morning as investors keep close tabs on developments related to tariffs.