Friday, the composite S&P 500 and Nasdaq reached heights of all time while the actions of Megacap increased on the renewed enthusiasm of AI and the prospect of a more loose monetary policy, fueling a resumption of American actions from a rout of several months.
The .SPX reference index increased by 0.2% to 6,154.81 points, exceeding the previous peak of 6,147.43 on February 19, while the Nasdaq, heavy of technology, gained 0.3% at 20,229.31 points, exceeding its record of 20,204.58 on December 16.
The markets rallied this week as optimistic forecasts of the Micron Mu.o flea manufacturer brought back the confidence of investors around artificial intelligence, while Ai Bellwether Nvidia Nvda.Oa reaches a record to recover his position as the most precious company in the world.
Risk appetite also benefited from a ceasefire in the United States to a 12-day air battle between Israel and Iran, which has triggered a gross prices and increased the concerns of higher inflation.
The double remarks of decision -makers of the Federal Reserve also helped the feeling.
The “reciprocal prices” of Trump’s April 2 on the main business partners and their chaotic deployment had put the S&P 500 at a striking distance from a lower market when it finished 19% compared to its February 19 record, closing the highest.
The Nasdaq had dropped by 26.7% compared to its previous summit, marking a bear market after Trump’s “Liberation Day” on April 2.
Since then, US commercial transactions with the United Kingdom and China have strengthened market expectations for more hope that a global recession could be avoided.
The S&P 500 jumped more than 23.5% and the NASDAQ approximately 32% since their recent lowest closure on April 8, widely fed by a handful of megacap actions such as Microsoft MSFT.O, NVIDIA NVDA.O, META Platforms META.O and AMAZON AMZN.O.
If the Nasdaq closes above the record of December 16 at 20,173.89, it would be the end of the bear market and the start of a new bull market, according to common definitions.
A lowering market is defined as a 20% drop in record, fence.
The Nasdaq and the S&P 500 won 4.4% this year at the end of Thursday. The Blue Chip Dow .dji increased by around 2% this year and remains about 3.7% below its peak of all time.
