Tag: Record high

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Another new high for the S&P 500 as Wall Street keeps on giving

S&P 500 at new all-time high!

The S&P 500 has notched yet another all-time high, closing at 6501.86 on 28th August 2025

This surge reflects broad investor optimism, driven by strong corporate earnings and expectations of a more accommodative stance from the Federal Reserve.

With tech, healthcare, and financials all contributing to the rally and the indices continued momentum.

Wall Street keeps on giving

Another high for the S&P 500. The index added 0.32% Thursday and closed above the 6,500 level for the first time. Asia-Pacific markets had a mixed performance on Friday 29th August 2025, with Japanese stocks declining as core consumer prices in Tokyo showed slower growth in August.

S&P 500 one-month cart as it hist new all-time high on 28th August 2025

U.S. second-quarter GDP – revised higher than expected. The economy grew at an annualized rate of 3.3%, according to the Commerce Department’s second estimate, surpassing the initial estimate of 3.0% and the Dow Jones consensus forecast of 3.1%.

Two customers made up 39% of Nvidia’s second-quarter revenue. According to Nvidia’s financial filing this week (August 2025), the customers could be either cloud providers or manufacturers, but not much else is known about their identities.

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S&P 500 at new high!

Stocks up

On 23rd January 2025, the S&P 500 reached a new all-time high, closing at 6,118.71

This milestone was driven by a combination of strong fourth-quarter earnings results and a significant announcement from President Trump regarding a $500 billion investment in AI infrastructure.

The investment, led by OpenAI, SoftBank Group Corp., and Oracle Corporation, aims to develop data centres and create over 100,000 jobs, further fueling investor optimism.

Additionally, solid earnings reports from major corporations like Netflix and Capital One Financial Corporation contributed to the positive market sentiment.

The S&P 500’s new high reflects the broader market’s confidence in the economic outlook and the potential for continued growth in the technology sector.

But be careful. Despite ‘pundits’ suggesting the S&P 500 could hit 6,600 or higher this tear – we are now in pricey territory and a pullback is likely due soon.

S&P 500 one-year chart

S&P 500 one-year chart

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Bitcoin breaks the $100,000 barrier

In a historic moment for the cryptocurrency world, Bitcoin has finally breached the $100,000 mark.

This milestone, reached on 5th December 2024, signifies a notable triumph for Bitcoin enthusiasts and investors who have endured the market’s volatility over the years.

The cryptocurrency value surge past $100,000 followed Donald Trump’s election as President of the United States. Trump’s favorable stance on crypto and his commitment to deregulate the sector are believed to have enhanced investor confidence. The momentum was further increased by his decision to nominate Paul Atkins, a recognized proponent of cryptocurrency, as the new chairman of the Securities and Exchange Commission (SEC).

Since the creation of the first Bitcoin ETF there have been massive inflows invested in this asset helping to push Bitcoin ever higher.

Bitcoin’s ascent to $100,000 has been tumultuous. Beginning the year at approximately $38,505, the cryptocurrency has experienced an impressive 155% increase to date. The surge was especially notable in the fortnight after Trump’s victory, with Bitcoin’s value soaring by about 45%.

Bitcoin’s ascent has triggered a ripple effect throughout the wider cryptocurrency market, now valued at a combined $3.78 trillion. This upsurge has reinforced Bitcoin’s preeminence in the digital asset arena and garnered considerable interest from institutional investors.

Despite the festive atmosphere, some analysts warn that Bitcoin’s well-known volatility is still worrisome. Although numerous investors have realized significant profits, the asset’s high-risk profile may not be appropriate for all. Nevertheless, the prevailing mood within the cryptocurrency community is one of optimism, fueled by the expectation that the incoming administration will create a regulatory climate more conducive to digital assets.

Bitcoin’s record-breaking streak continues, signaling a bright future for the renowned cryptocurrency. Its evolution from a peer-to-peer electronic cash system to a trillion-dollar asset highlights the revolutionary impact of blockchain technology.

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Bitcoin breaks $82,000 with billions bet on it reaching $90,000

Bitcoin

Bitcoin has achieved a new all-time high, surpassing $82,000, and has continued to climb.

This suggests that investors are confident the world’s leading cryptocurrency will gain even more, following U.S. elections that resulted in a significant number of pro-crypto candidates being elected.

During his campaign, President-elect Donald Trump vowed to make the United States the ‘crypto capital of the world.’

Trump reportedly committed to several initiatives for the crypto community, such as creating a national cryptocurrency reserve using $16 billion in Bitcoin accumulated by the U.S. government from asset seizures and from reducing interest rates.

Generally, an easing of monetary policy aligns with an increase in cryptocurrency prices, as it lowers the cost of borrowing money.

The Fed recently lowered U.S. interest rates for the second time this year.

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U.S. stocks just keep hitting new highs!

U.S. stocks up!

The U.S. stock market sunbathed in another day of records on Friday 8th November 2024.

The Dow and S&P 500 recorded their best week in a year after Trump’s election win.

The Dow Jones Industrial Average rose 259.65 points to close at 43,988.99 and broke the 44,000 barrier in intraday trading. The Dow Jones traded above 44,000 for the first time ever during the session.

The S&P 500 closed at 5,995.54, after briefly trading above 6,000 – a first for the S&P 500.

The tech-heavy Nasdaq Composite slowed at 19,286.78 but set an intraday record high as well.

Dow Jones one-year chart as of: 8th November 2024

Dow Jones one-year chart as of: 8th November 2024

S&P 500 one-year chart as of: 8th November 2024

S&P 500 one-year chart as of: 8th November 2024
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New records for Dow Jones and S&P 500

Record highs!

On Monday, 14th October 2024, the Dow Jones Industrial Average and the S&P 500 both reached new record highs

The S&P 500 climbed to 5,859.85, and the Dow Jones, composed of 30 stocks, increased by 201.36 points to 43,065.22.

Both indices achieved all-time highs and closed at record levels, with the Dow Jones surpassing 43,000 for the first time at the close of the session.

Dow Jones Industrial Average one-year chart

Dow Jones Industrial Average one-year chart

S&P 500 one-year chart

S&P 500 one-year chart
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Dow Jones hits new record high

The Dow Jones Industrial Average (DJIA) reached a new record high on Monday 26th August 2024, closing at 41240. 

Investors have responded positively to the Federal Reserve’s recent indications that interest rate cuts are highly probable to commence in September 2024.

Market dynamics and sentiment

The rise of the DJIA was propelled by advances in sectors like materials, utilities, and energy. Conversely, the broader market exhibited mixed outcomes. The S&P 500 declined by 0.3%, and the Nasdaq Composite dropped by 0.8%, contrasting with the Dow’s notable performance. This disparity is largely due to the lagging of technology stocks, especially with significant drops in firms such as Nvidia and Tesla.

Federal Reserve

Federal Reserve Chair Jerome Powell’s recent address at the Jackson Hole Economic Symposium was pivotal in bolstering investor confidence. Powell’s remarks indicated that the Fed is ready to cut interest rates, which many investors believe will foster economic growth and stabilise the markets. The expectation of rate cuts has played a significant role in the recent market rally, with predictions of potential reductions up to 1% by the end of 2024.

Dow Jones one day chart at record high

Dow Jones 1 day chart

Despite varied performances across sectors, the Dow reaching a new high signals a wider optimism in the market. As the year unfolds, the dynamics among Federal Reserve policies, corporate earnings, and economic indicators will continue to influence market directions.

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Market rotation helps Dow to a 743-point one day gain to close at a record high. Russell 2000 and crypto benefit

Broad market Bull run

The Dow Jones Industrial Average closed at a record high Tuesday 16th July 2024, rallying 743 points for its biggest one-day increase in more than a year, as the bull run appeared to broaden.

The small cap-focused Russell 2000 also rose for the fifth straight day, rising 3.5% fast closing in on a new record high as the money continues to rotate from tech stocks.

Russell 2000 index one year chart

The Dow Jones finished at 40,954, marking an increase of 1.85% for the day. It has experienced consistent daily gains since the previous week, culminating in an overall rise of over 4% over the past five trading days. The closing value on Tuesday 16th July 2024 represents the largest single-day gain since June 2023.

Dow one year chart as at: 16th July 2024

The market saw an uptick amidst a broader rally, driven by the news that June retail sales exceeded expectations, strong earnings reports to date, and the expectation of a benchmark interest rate reduction by the Federal Reserve in September.

Positive remarks from the Federal Reserve about potential interest rate cuts are bolstering market sentiment. Additionally, the buzz surrounding Trump’s re-election campaign and the recent assassination attempt on Trump at one of his election rallies seem to be influencing market movements as well.

However, Donald Trump reportedly said Taiwan should pay the U.S. for defence, in an interview with Bloomberg Businessweek published on Tuesday 16th July 2024. His comment had a negative impact on chip and tech stocks.

Crypto is enjoying the market rotation as more money is being ploughed back into cryptocurrencies. Bitcoin jumped from a low point in July 2024 of just below $56,000. Altcoins are also enjoying a mini-recovery.

Bitcoin benefitting from markets rotation – one year chart

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Big Tech and AI stocks push S&P 500 and Nasdaq to new all-time highs!

Record highs

On Wednesday, 10th July 2024, the S&P 500 reached a new record high, surpassing 5,600 for the first time, propelled by a significant surge in semiconductor stocks.

The S&P 500 index rose by 1.02%, ending the day at 5,633 and marking its seventh consecutive day of gains. The Nasdaq Composite increased, achieving a new all-time high closing at 18,647.

This year has seen the S&P 500 close at record highs some 37 times, with the Nasdaq following closely with 27 record high finishes.

S&P 500

S&P 500

Nasdaq Composite

Nasdaq Composite

The Dow Jones Industrial Average grew by 429 points, finishing at 39,721.

Note: figures rounded

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Japan, India and U.S. stock markets continue to hit new record highs!

Record highs

Asia-Pacific markets witnessed highs on Tuesday 8th July 2024, mirroring the gains on Wall Street where the S&P 500 and the Nasdaq Composite ended at record highs. India’s Nifty 50 index also hit an all-time high of 24401.2

Investors are anticipating the forthcoming U.S. consumer price index release to discern the Federal Reserve’s direction on interest rates.

Pundits

Pundits have moved this year from four 0.25% rate reductions to one and now maybe to two with the first in September 2024. The Fed trickles decisions out from its fickle stance and each time the markets move in anticipation like a lap dog eagerly awaiting a pat. It almost doesn’t matter what the Fed does – markets want to go up. However, a rate reduction and good economic and earnings news will drive the markets even higher, for a while.

Fickle Fed

Markets are currently anticipating earnings reports. The Federal Reserve, having considered the latest economic reports, has influenced the markets with a mix of indifferent decisions. AI and technology have significantly shifted the stock market landscape, with the potential for further growth – provided that earnings sustain the pace of AI investments and expenses.

Both the S&P 500 and the Nasdaq Composite achieved record highs again overnight, alongside Japan’s Nikkei and Topix reaching new highs too.

The Nikkei 225 climbed to settle at 41580.17 after hitting a new high of 41769.35. The Topix also gained, closing at 2895.55, having touched a peak of 2907.21.

Nikkei

Topix

S&P 500

Nasdaq Composite

Nifty 50

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S&P 500 and Nasdaq hit record highs again as job data raises chance of a Fed interest rate cut

U.S. market record highs

Markets respond positively to job data as the S&P 500 and Nasdaq break record highs, again!

S&P 500 record high

S&P 500 record high Friday 5th July 2024

Nasdaq Composite record high

Nasdaq Composite record high

Nasdaq 100 record high

Nasdaq 100 record high

U.S. non-farm payrolls increase

The U.S. economy added slightly more jobs than expected in June 2024 though the unemployment rate increased, the U.S. Labor Department reported Friday.

Non-farm payrolls increased by 206,000 for the month, better than the 200,000 Dow Jones forecast though less than the downwardly revised gain of 218,000 in May, which was cut sharply from the initial estimate of 272,000.

The unemployment rate unexpectedly rose to 4.1%, matching the peak since October 2021, presenting a conundrum for Federal Reserve officials as they consider their next steps in monetary policy. Projections had indicated that the unemployment rate would remain stable at 4%.

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Japan’s Nikkei passes 41000 – then trims gain slightly

Nikkei hits new record

On 5th July 2024, Japan’s benchmark Nikkei 225 index climbed above 41,000 before retreating from its record close of 40,913.65.

The Nikkei 225 serves as a crucial barometer for the Japanese stock market, representing the performance of prominent companies on the Tokyo Stock Exchange. It continues to stand at historically elevated levels.

Nikkei one year chart closes at 40912 after passing 41000 for the first time

Nikkei one year chart closes at 40912 after passing 41000 for the first time
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Nasdaq and S&P 500 both hit new highs as markets close early for U.S. Independence Day!

U.S. Independence Day

The S&P 500 reached new heights in a shortened trading session on Wednesday 3rd July 2024, with investors seemingly dismissing lacklustre economic data.

The S&P 500 closed at a new high of 5537, while the Nasdaq Composite finished the session at 18188, buoyed by rallies in technology and AI stocks like Tesla and Nvidia. Both indices reached new all-time highs during the session and closed at record levels.

The Dow Jones Industrial Average lost just closed down at 39308.

Trading volume was subdued as the New York Stock Exchange closed early at 1 p.m. ET. The exchange will remain closed on Thursday 4th July 2024 for Independence Day celebrations.

S&P 500: One-year chart – index closed at a new record high

S&P 500 One-year chart closed at new record high

Nasdaq Composite: One-year chart closed at new record high

Nasdaq Composite: One-year chart closed at new record high
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S&P 500 closes above 5500 for the first time

S&P Bull run record

On 2nd July 2024, the S&P 500 reached a significant milestone, closing above 5500 for the first time in its history.

This impressive achievement has prolonged the blistering rally of 2024, during which the index has reached 32 record highs. Since July 2023, the S&P 500 index has surged by more than 1000 points.

The rise in U.S. equities has been propelled by robust corporate earnings, the artificial intelligence (AI) boom, and the anticipation of interest rate reductions. Although some analysts warn that the market might be stretched too far, others are forecasting additional increases.

Many analysts have now raised their target for the S&P 500 to end the year at around 5700.

One year S&P 500 chart July 2023 to July 2024

One year S&P 500 chart July 2023 to July 2024
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S&P 500 breaches 5500 but closes slightly lower as Nvidia pulls back from its meteoric rise

S&P 500

The S&P 500 retreated on Thursday 20th June 2024, having momentarily surpassed the 5500 for the first time ever, as Nvidia, a favourite stock with Wall Street investors, relinquished its earlier gains.

The S&P 500 index fell 0.25% to end at 5473. Earlier in the session, the S&P 500 gained around 0.34% to hit a new all-time high.

S&P 500 one day chart 20th June 2024

S&P 500 one day chart 20th June 2024

The Nasdaq Composite dropped 0.79% to finish at 17721. The Dow Jones Industrial Average (Dow) jumped around 299 points, to close at 39134.

Nvidia lost ground and handed the Market Cap crown back to Microsoft after briefly enjoying the accolade for just 2 days. At one point, Nvidia trimmed around $240 billion off its Market Cap as investors took profits.

Will Nvidia regain the crown in the coming weeks? Probably.

Nvidia one day chart 20th June 2024

Nvidia one day chart 20th June 2024
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DOW does it – hits history high of 40000!

Dow Jones index up

The Dow Jones Industrial Average marked a historic achievement by closing above 40,000 points for the first time. On Friday 17th May 2024, the index increased by 134.21 points to settle at 40,003.59.

Concurrently, the S&P 500 saw a modest rise, while the Nasdaq Composite closed lower. The rise this week has shifted the three major stock indexes into the green for the second quarter, following a challenging start.

Despite some investors’ concerns about the sustainability of the rally, the mix of economic expansion and slowing inflation continues to act as a positive driver.

It’s an optimistic setup for the near future in 2024

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Dow, S&P 500 and Nasdaq Composite all hit new highs as favourable data allows potential rate cuts to get ever closer – September 2024 looks likely

All three major indices closed at records on 15th May 2024

The Dow climbed 0.88%, while the S&P 500 gained 1.17%, ending the session above 5,300 for the first time. The tech-related Nasdaq Composite closed higher by 1.40%.

Dow closed at a new high of: 39908

S&P 500 closed at a new high of: 5308

Nasdaq Composite closed at a new high of: 39908

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Nasdaq 100 hits new all-time high of 17962

Chart up

The index continues its march breaking all-time records on its way

The index continues on its march breaking all-time records on its journey

Nasdaq 100 climbs to new record 9th February 2024

A solid earnings season, easing inflation data and a resilient economy have charged 2024′s market rally. It has helped propel the Nasdaq 100 to close at these new highs!

We are enjoying good news at an economic and earnings level, and the market is reacting positively. The longer the good news story plays out, the more likely it will be that the market will hold from here.

FOMO or the fear of missing out is likely playing its part here too.

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S&P 500 closes above 5000 for the first time

Stoks chart up

The S&P 500 climbed to a new all-time high of 5026 on 9th February 2024

Stocks rose on Friday 9th February 2024 after December’s revised inflation reading came in lower than first reported, and the S&P 500 closed above the key 5,000 level as strong earnings and economic news came in.

A solid earnings season, easing inflation data and a resilient economy have charged 2024′s market rally. It propelled the S&P 500 to close above the 5,000 level after first touching the milestone during the trading week. The index first crossed 4,000 in April 2021.

We are enjoying good news at an economic and earnings level, and the market is reacting positively. The longer the good news story plays out, the more likely it will be that the market will hold from here.

But it won’t take much to spoil the party, right now I don’t know what that might be…?

S&P 500 1-year chart 9th February 2024 – new all-time high of 5026

S&P 500 1 year chart 9th February 2024 – new all-time high of 5026

FOMO or the fear of missing out is likely playing its part here too.

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S&P 500, Nasdaq 100 and Dow all hit new highs!

S&P 500, Nasdaq 100 and Dow all up at new highs!

The S&P 500 climbed again Wednesday 7th February 2024 and edged ever closer to the 5,000 level.

S&P 500 hit a new high of 4995

S&P 500 hit a new high of 4995 on 7th February 2024

The index, which first breached the 4,000 level in April 2021, added around 0.82% to close at 4,995.06. During session highs, the S&P hit 4,999.89. Quarterly results signalled a thriving U.S. economy.

The Nasdaq 100 jumped to a new high of 15,755

The Nasdaq 100 jumped to a new high of 15,755 on 7th February 2024

The Dow Jones Industrial Average rallied 156 points to close at 38,677 and an all-time high

DJIA closes at new high of 38677 on 7th February 2024

Euphoric

Are investors getting swept away with the latest wave of AI related tech results? Quite possibly, as some of what we’re seeing could be based on FOMO (fear of missing out) as traders/investors don’t want to be left behind like they were last year.

However, one undeniable fact is that the U.S. economy isn’t facing as recession any time soon as predicted by many.