NEW YORK (dpa-AFX) – After the long weekend, some US stock indices reached further record highs on Tuesday. While the leading index Dow Jones Industrial remained just below its record from Friday, the broad S&P 500 and the NASDAQ 100 were able to reach highs again after a break of a few days. The technology-heavy stock market barometer surpassed the 30,000 point mark for the first time.
In addition to the fantasy surrounding artificial intelligence (AI), which has long been relevant, the latter two indices also reflected the hope for a framework agreement in the Iran war, which had already been priced in the day before in Europe and Asia when US trading paused due to the holiday. Broadly speaking, it didn’t matter much that new attacks in Iran and Lebanon overshadowed the ongoing negotiations to end the war. A market observer sees both sides in the military conflict “still closer to an agreement than recently.”
The S&P 500 ultimately gained 0.61 percent to 7,519.12 points, while the Nasdaq 100, with the tailwind in terms of AI, rose 1.76 percent to 30,001.32 points. The two indices showed more momentum than the standard values, which have more weight in the Dow. This fell by 0.23 percent to 50,461.68 points. For a record he would have had to rise above 50,830 points./la/men