In a resounding display of strength, big tech companies spearheaded a rally in the stock market on Tuesday, with Apple (AAPL) notably experiencing its most robust performance since May 2023. The S&P 500 (^GSPC) surged by 0.9%, while the Nasdaq Composite (^IXIC), known for its tech-centric composition, led the gains, climbing over 1.3%. The Dow […]
On Tuesday, the Dow Jones Industrial Average experienced a decline as bond yields edged higher, and investors examined the latest fourth-quarter earnings reports. The Dow dropped by 231.86 points, or 0.62%, closing at 37,361.12. The S&P 500 also slipped by 0.37% to conclude at 4,765.98, while the Nasdaq Composite saw a 0.19% drop to 14,944.35.
The financial landscape saw a remarkable turnaround in 2023 as the stock market rebounded from the significant dip experienced in 2022. History suggests that there may be more gains on the horizon, with bull markets historically lasting for years and delivering triple-digit returns. As of now, the S&P 500 is on the brink of reaching
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