Investors sought stocks to supplement their large November gains, and the S&P 500 started December trading by ticking higher to a new record.
By increasing by 0.18%, the S&P 500 set a new intraday high. The Dow Jones Industrial Average briefly touched the 45,000 mark a couple occasions last week, but it was down 0.2% yesterday.
By 0.6%, the Nasdaq Composite increased. After CEO Pat Gelsinger retired following four years of poor performance at the chipmaker, Intel’s stock rose 5%.
Following a 2% increase in Tesla shares to buy from neutral at Roth MKM, the company cited Musk’s tight ties to President-elect Donald Trump as a driving force.
Source (CNBC)
