New Record High in Dow Jones, S&P 500 Follows

Another week, another record high for stock markets, with Dow Jones touching before closing at 42,124 points, with the S&P 500 also closing near last week’s highs. Gold in particular which is a safe haven has also been making new record highs as the demand grows, so it seems a bit unrealistic, but it is happening.

Dow Jones Chart Daily – The Bullish Gap is Not Closing

The overall market mood is cautiously optimistic, with investors selectively favoring certain tech and consumer stocks. The technology sector, which began the day on a slightly lower note, managed to stabilize by the close. Nvidia and Meta posted gains, with Nvidia (NVDA) rising by 0.30%. Tesla (TSLA) also stood out with a significant increase of 1.68%, reflecting growing confidence in the company. While Microsoft experienced a minor decline, the overall movement in the tech sector was neutral to positive, signaling sustained trust in these leading tech companies.

S&P 500 Chart Daily – Stabilizing Above Resistance

Closing Price for Main US Stock Indices

• Dow Jones Industrial Average rose 61.29 points (+0.15%) to close at 42,124.65.
• S&P 500 Index increased by 16.02 points (+0.28%), ending at 5,718.57.
• NASDAQ Index gained 25.95 points (+0.14%), finishing at 17,974.27.
• Russell 2000 (small-cap index) fell by 7.607 points (-0.34%) to close at 2,220.28, marking a downturn for smaller companies.

Notable Gainers Today:

• Tesla: +4.91%, leading the charge with significant gains.
• First Solar: +3.75%, benefiting from strong performance in clean energy.
• Intel: +3.33%, rallying alongside semiconductor stocks.
• Micron: +2.94%, following positive momentum in the chip industry.
• Stellantis NV: +2.83%, showing robust growth in the automotive sector.

Dow Jones Index Live Chart