The U.S. stock market reached new all-time highs as President Trump highlighted robust economic performance, including strong job growth and rising 401(k) balances. At the close of U.S. markets on Wednesday, the Dow Jones Industrial Average rose 1.2%, briefly surpassing the 50,000-point mark. The S&P 500 gained 1.4%, and the Nasdaq Composite advanced 2%, both setting new records.
Tech giants led the surge, with NVIDIA's stock climbing 5.7%, boosting its market capitalization to $5.05 trillion. Google and Intel also saw significant gains, rising nearly 3% and 4%, respectively, contributing to the overall market rally.
U.S. Stock Market Hits Record Highs Amid Strong Economic Indicators
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