S&P 500 and Nasdaq Hit New Highs Amid Mixed Market Signals
TL;DR
The S&P 500 and Nasdaq Composite reached record highs as the post-election rally continued, driven by gains in large-cap tech stocks like Nvidia and Apple. The Dow Jones slightly declined, while Tesla shares fell after a judge blocked Elon Musk's pay package. AT&T and Palantir saw significant gains due to strategic announcements. U.S. Steel shares dropped following President-elect Trump's opposition to a foreign takeover. Investors are eyeing upcoming Federal Reserve comments and the November jobs report for interest rate insights.
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- Nasdaq, S&P 500 post record closing highs; investors await more data Reuters
- Stock Market Today: Dow slips, as indexes trade near record highs MarketWatch
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