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S&P 500 rises slightly as index tries to reach all-time high: Live updates - TL;DR CNBC

S&P 500 rises slightly as index tries to reach all-time high: Live updates

Publishing timestamp: 2023-12-28 12:51:44


Summary

The S&P 500 is approaching a new all-time high, and the market is expected to finish 2023 on a strong note. Major indexes are on track to end the year with gains, with the Nasdaq Composite having its best year since 2003. Small-cap stocks have made a comeback, boosted by the Federal Reserve's dovish pivot. The article also highlights the performance of the Magnificent 7 stocks and the potential for AI growth for Microsoft. Unemployment claims were slightly above estimates. Overall, stocks are on track for gains across the board.


Sentiment: MIXED

Tickers: AMZN,  BABA,  NYT,  NVDA,  DOW,  .STOXX,  .IXIC,  KWEB,  @ND.1,  .DJI,  LLY,  FXI,  TSLA,  .SPX,  AAPL,  IOVA,  @SP.1,  @DJ.1,  MSFT,  META,  JD,  .RUT,  MCHI,  GOOGL,  BA, 

Keywords: s&p 500 index,  nasdaq composite,  dow jones fut (mar'23),  breaking news: markets,  s&p 500 fut (mar'23),  business news,  united states,  stock markets,  markets,  nasdaq 100 fut (mar'23),  dow inc,  dow jones industrial average, 

Source: https://www.cnbc.com/2023/12/27/stock-market-today-live-updates-dec2728-2023.html


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