Wall Street rally holds strong as S&P 500 beats December record high - New York’s S&P 500 index moved about 0.8% higher to surpass last month’s intra-day record high.
The S&P 500 may be revered for its spectacular growth in recent years, but Mark Hartley thinks these two FTSE shares could outmatch it. The post Prediction: 2 FTSE shares that could outperform the S&P 500 between now and 2030 appeared first on The Motley Fool UK.
The S&P 500 climbed to 6,100 for the first time during Wednesday's session. Traders cheered strong earnings and an AI initiative Trump announced on Tuesday.
Wall Street's indexes rose on Wednesday, with the benchmark S&P 500 hitting an intraday record high as investors cheered streaming video provider Netflix's quarterly report and President Donald Trump's private-sector artificial intelligence infrastructure investment plan.
With U.S. stock markets set to open in two hours, Cadence Bank (CADE) was up 4.5% in pre-market trading, and Weyerhaeuser Co. (WY) was up 3.4%.
Live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
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The FTSE 100 is expected to start slightly in the red on Tuesday after new jobs market data showed unemployment and wages rising. London's blue-chip index was called four points lower, having added 15 points yesterday to close at 8,520.5.
Following the substantial rally seen during Wednesday's session, stocks turned in a relatively lackluster performance during trading
The biggest risers on the FTSE 100 were Entain, up 39.6p to 669.6p, Smiths Group, up 97p to 1,862p, Spirax, up 345p to 7,270p, Prudential, up 30.8p to 655.6p, and Anglo American, up 88p to 2,548p.
The DAX 40 and FTSE 100 are both advancing in well-defined Elliott Impulse waves to the upside. These indices show strong momentum, indicative of a continuation of the current bullish trend. Monitoring wave counts and support/resistance levels will help pinpoint high-probability trade setups.
Market surges on AI Stargate initiative & strong earnings. S&P 500 hits record high of 6,100 points, led by tech giants & semiconductor stocks.