-+ 0.00%
-+ 0.00%
-+ 0.00%
This week, the US stock market continued to rise and hit a record high. Previously, a series of data mitigated market expectations for interest rate hikes, and strong profit performance also boosted people's confidence in artificial intelligence transactions. As of 10 a.m. New York time, the S&P 500 index rose 0.1% after closing at a record high on Thursday. The Nasdaq 100 index, which is dominated by technology stocks, rose 0.2%. Both major stock indexes are expected to rise for the third week in a row, setting the record for the longest continuous rise since May. After briefly rising 2% overnight, the price of Brent crude oil is currently around $87 per barrel, after the US announced a tax plan. Negotiations on strict economic measures against Iran have stalled in the past week, and oil prices have remained high.
Share
Listen to the news
This week, the US stock market continued to rise and hit a record high. Previously, a series of data mitigated market expectations for interest rate hikes, and strong profit performance also boosted people's confidence in artificial intelligence transactions. As of 10 a.m. New York time, the S&P 500 index rose 0.1% after closing at a record high on Thursday. The Nasdaq 100 index, which is dominated by technology stocks, rose 0.2%. Both major stock indexes are expected to rise for the third week in a row, setting the record for the longest continuous rise since May. After briefly rising 2% overnight, the price of Brent crude oil is currently around $87 per barrel, after the US announced a tax plan. Negotiations on strict economic measures against Iran have stalled in the past week, and oil prices have remained high.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending