• S&P 500 notches another record high as major tech stocks gain

    9 Apr 2021 | SET News


S&P 500 notches another record high as major tech stocks gain

The S&P 500 rose to another record high on Thursday amid a strong rally in major technology stocks.




The broad equity benchmark gained 0.4% to 4,097.17, its second straight record close. The tech-heavy Nasdaq Composite rallied 1% to 13,829.31 as Apple, Netflix and Microsoft all climbed more than 1%. Amazon and Alphabet also registered gains. The Dow Jones Industrial Average rose 57.31 points, or 0.2%, to 33,503.57.

Investors processed a worse-than-expected reading on the latest weekly jobless claims. A total of 744,000 Americans filed for unemployment benefits for the first time during the week ended April 3, the Labor Department said Thursday. Economists polled by Dow Jones expected first-time claims to total 694,000.

Federal Reverse chairman Jerome Powell signaled on Thursday that the economic rebound from the pandemic still has room to go as the recovery thus far hasn’t been well-rounded.

Powell also repeated that inflation is not expected to be serious even though near-term price pressures are likely.

 

Futures rise slightly after S&P 500 hits fresh record

U.S. stock futures moved higher in overnight trading on Thursday after the S&P 500 notched a fresh record in the regular session.

Dow futures rose about 50 points. S&P 500 futures gained 0.2% and Nasdaq 100 futures rose 0.17%.


Reference: CNBC

MTS Gold Co., Ltd.
40,42,44, Sapsin Road, Wang Burapha Phirom Sub-district, Pranakorn District, Bangkok, 10200
Tel. 0 2770 7777 Fax. 0 2623 9366 E-mail: support@mtsgoldgroup.com