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With Apple Rising More Than 7%, the S&P 500 and Nasdaq Close Tuesday at All-Time Highs

With Apple leading the way and hitting an all-time high, the S&P 500 and the Nasdaq Composite reached new closing records on Tuesday.

The Nasdaq Composite finished at 17,343.55, up 0.88% from the closing close of the broad market index, which up 0.27% to 5,375.32. During the day, both indexes shot to new all-time highs as well.

However, the 30-stock Dow Jones Industrial Average finished at 38,747.42, down 120.62 points, or 0.31%.

Investors seemed to be turning away from the rising artificial intelligence player Nvidia on Tuesday and towards Apple, which recently presented new capabilities that may lead to a wave of iPhone upgrades.

During the session, the iPhone manufacturer broke a record, its first since December of last year.

Source (CNBC)

SourceCNBC
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