"Equities Soar to Record Highs as Market Wraps 4th Winning Month: Live Updates"

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Source: CNBC
"Equities Soar to Record Highs as Market Wraps 4th Winning Month: Live Updates"
Photo: CNBC
TL;DR Summary

Stock futures edged higher after the market wrapped up its fourth winning month, with the Nasdaq reaching its first closing record since November 2021. Troubled regional bank New York Community Bancorp shed 20% in extended trading after announcing a leadership change and disclosing internal control issues. South Korean exports surged on strong chip demand, while Japan's factory activity contracted at its fastest pace in over three years. China's manufacturing activity contracted for the fifth straight month, and India's third-quarter economic growth soared past expectations. Billionaire investor Ray Dalio believes the U.S. stock market is not in a speculative bubble, and Dell Technologies' shares jumped more than 18% in extended trading after posting better-than-expected fourth-quarter results.

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