Wednesday saw the S&P 500 and Nasdaq Composite soar to all-time highs, adding to their impressive 2024 results. A less-than-expected U.S. consumer inflation figure helped to lift the main averages.
At 5,308.15, the broad market index closed higher by 1.17%, crossing the 5,300 barrier for the first time. At 16,742.39, the tech-heavy Nasdaq Composite closed up 1.40%.
At 39,908.00, the Dow Jones Industrial Average increased 349.89 points, or 0.88%, from its starting point.
Each of the three major averages ended at a record. This is the 23rd record close for the S&P 500, the 18th for the Dow, and the 8th for the Nasdaq so far this year.
Source (CNBC)
