The S&P 500 notched another intra-day record, as semiconductors continued to hog the limelight, with$NVIDIA(NVDA.US)$bumping off$Microsoft(MSFT.US)$as the world's most valuable company. Semiconductor stocks tracked by moomoo advanced 3.5% the biggest gainer among sectors. Nvidia, which dominates the market for chips that power artificial intelligence, saw its shares climbed 3.8% to $136.03 at 2:20 p.m. in New York, taking i...
As June arrives, a review of the first half of 2024 reveals that the U.S. stock market has been on a remarkable upward trajectory. By June 17, both the$NASDAQ 100 Index(.NDX.US)$and$S&P 500 Index(.SPX.US)$had repeatedly set new all-time highs, while the$Dow Jones Industrial Average(.DJI.US)$briefly surged past the 40,000-point milestone. Notably, the S&P 500 notched its 30th new high of the year just last night. From a sector performanc...