Crypto:
33890
Bitcoin:
$97.616
% 1.22
BTC Dominance:
%60.1
% 0.20
Market Cap:
$3.17 T
% 2.40
Fear & Greed:
44 / 100
Bitcoin:
$ 97.616
BTC Dominance:
% 60.1
Market Cap:
$3.17 T

S&P 500 Reaches All-Time High

S&Amp;P 500

US stock markets reached a new milestone. The S&P 500 hit an all-time high of 6,129.58 points, reverberating through the markets. In particular, President Donald Trump’s 25% tariffs on imports of foreign automakers, semiconductors and pharmaceuticals shook international trade dynamics, while technology stocks experienced sharp fluctuations.

Closing levels of the US stock market:

  • Dow Jones: 10.26 points (+0.02%) higher to 44,556.34.
  • S&P 500: 14.95 points (+0.24%) to end the day at 6,129.58.
  • Nasdaq: 14.49 points (+0.07%) higher to 20,041.26.

Volatility in Tech Stocks: Meta Loses as Intel Peaks

The technology sector was buoyed by Intel’s biggest rise in value in five days. Intel shares rose strongly thanks to rumors of a merger with major players in the industry.

On the other hand, Meta’s 20-day bullish streak ended. This shows that volatility in technology stocks has increased. Experts emphasize the need to be cautious about the sustainability of growth in the technology sector.

Fed Decisions and Inflation Expectations

Markets are closely following the US Federal Reserve’s (Fed) decisions.

  • The expectation that interest rates will be kept unchanged has created a positive mood among investors for now.
  • However, as inflationary pressures continue, future interest rate decisions are expected to cause fluctuations in the stock market.

However, the balance sheets of major companies such as Etsy and Carvana to be announced in the coming weeks are critical to the direction of the market.

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