US Stocks Reach New Highs as Nasdaq Soars, Fed Outlook Boosts Market

Listeners, let's catch up on today's United States stock market news. The Standard and Poor's Five Hundred index closed at six thousand, seven hundred and fifty-three point seven two, marking a new all-time high with a gain of six-tenths percent or thirty-nine point one three points. The Dow Jones Industrial Average ended nearly flat, declining by only one point two zero to close at forty-six thousand, six hundred and one point seven eight. The Nasdaq composite index rose by one point one percent, or two hundred and fifty-five point zero two points, to finish at twenty-three thousand, forty-three point three eight.

Technology stocks were among the biggest gainers, with the Technology Select Sector gaining one point eight percent. Industrials and utilities also saw significant increases, with rises of zero point nine percent and zero point seven percent, respectively. NVIDIA Corporation's stock gained two point two percent following positive comments from its CEO, while Oracle Corporation's shares rebounded, rising by one point five percent after a previous decline.

The main factor driving today's market direction was the analysis of the Federal Reserve's latest policy meeting minutes, which indicated potential future interest rate cuts. However, the ongoing government shutdown has limited the availability of key economic data, keeping investors cautious.

In terms of actively traded stocks, tech giants like NVIDIA and Oracle were in focus. The Nasdaq also had a notable day with over three thousand new highs compared to about one thousand six hundred and sixty new lows.

Looking ahead, pre-market futures are indicating a potentially stable start tomorrow. Key events to watch include speeches from Federal Reserve officials and the eventual release of delayed economic data once the government shutdown ends. Important earnings releases are also on the horizon, which could influence market sentiment.

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Episode Transcript

Speaker 1 (00:00):
Listeners, Let's catch up on today's United States stock market news.
The Standard in Pores five hundred index closed its sixty thousand,
seven hundred and fifty three point seven two, marking a
new all time high with a gain of six ten percent,
or thirty nine point one three points. The Dow Jones
Industrial Average ended nearly flat, declining by only one point

(00:22):
two zero to close at forty six thousand, six hundred
and one point seven eight. The Nasdaq Composite Index rose
by one point one percent, or two hundred and fifty
five point zero two points, to finish at twenty three thousand,
forty three point three eight. Technology stocks were among the
biggest gainers, with the Technology select sector gaining one point

(00:44):
eight percent. Industrials and utilities also saw significant increases, with
rises of zero point nine percent and zero point seven percent, respectively.
Navidia Corporation stock gained two point two percent following positive
comments from its CEO, while Oracle Corporation's shares rebounded, rising

(01:07):
by one point five percent after a previous decline. The
main factor driving today's market direction was the analysis of
the Federal Reserve's latest policy meeting minutes, which indicated potential
future interest rate cuts. However, the ongoing government shutdown has
limited the availability of key economic data, keeping investors cautious.

(01:29):
In terms of actively traded stocks. Tech giants like Nvidia
and Oracle were in focus. The Nasdaq also had a
notable day, with over three thousand new highs compared to
about one thousand, six hundred and sixty new lows. Looking ahead,
pre market futures are indicating a potentially stable start tomorrow.
Key events to watch include speeches from Federal Reserve officials

(01:52):
and the eventual release of delayed economic data once the
government shut down ends. Important earnings releases are also on
the horiz Eisen, which could influence market sentiment. Thank you
for tuning in. Don't forget to subscribe for more updates.
This has been a quiet Please production for more check
out quiet please dot ai