US bourse notched another historical high on Tuesday as investors gradually downplayed the impact of recent US military actions against Venezuela. Both the S&P 500 and the DJIA reached record levels.
The S&P 500 gained 42 points or 0.6%, closing at 6,944, marking a new historical closing high, and also refreshed its intraday record. The DJIA, primarily composed of blue chips, finished up 484 points or 1%, also setting all-time highs both intraday and at the close, at 49,462. The Nasdaq hiked 151 points or 0.7%, ending at 23,547.
Amazon (AMZN.US), one of the "Magnificent Seven", spiked 3.4%, shoring up the three major stock indices. Nvidia (NVDA.US) initially advanced but then ebbed back, closing down 0.5%. Other AI-related stocks also underpinned the market, including Micron (MU.US), which surged about 10%, and Palantir (PLTR.US), which rallied over 3%.
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AASTOCKS Financial News
Website: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| AMZN (C) |
10004 |
280 (-) |
0.107 |
9.3 X |
| AMZN (P) |
10700 |
180 (-) |
0.025 |
9.9 X |
| Nvidia (C) |
10055 |
230 (-) |
0.112 |
7.3 X |
| Nvidia (C) |
11007 |
205 (-) |
0.335 |
4.4 X |
| Nvidia (P) |
10057 |
165 (-) |
0.146 |
5.1 X |
