US bourse on Monday overcame the negative impact of the US Department of Justice's criminal investigation into Federal Reserve Chairman Jerome Powell, with the DJIA and S&P 500 both notching new highs and closing at record levels.
Driven by Walmart (WMT.US), which is set to be included in the Nasdaq 100, the DJIA initially slumped over 490 points, or 1%, but later rebounded and hit a new peak, up 86 points or 0.2% to close at 49,590. The S&P 500 also reached a new high, up 10 points or 0.2% to close at 6,977. The Nasdaq added 62 points or 0.3% to 23,733.
Alphabet (GOOG.US), Google's parent company, saw its stock price hike over 1% on Monday, hitting an intraday high of US$334.44, a record high, and becoming the fourth US company with a market cap of US$4 trillion. Additionally, Alphabet's stock was boosted after Apple (AAPL.US) announced the selection of Google's Gemini as the foundation for its AI model and next-generation Siri. Apple shares inched up 0.3%.
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AASTOCKS Financial News
Website: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| ALPBE (C) |
10080 |
360 (-) |
0.475 |
5.3 X |
| ALPBE (P) |
10012 |
230 (-) |
0.080 |
5.7 X |
| APPLE (C) |
10079 |
320 (-) |
0.085 |
9.7 X |
| APPLE (P) |
10793 |
210 (-) |
0.029 |
12.0 X |
| Nvidia (C) |
10055 |
230 (-) |
0.088 |
7.8 X |
| Nvidia (C) |
11007 |
205 (-) |
0.295 |
4.6 X |
| Nvidia (P) |
10057 |
165 (-) |
0.153 |
5.2 X |
| MSFT (C) |
11006 |
550 (-) |
0.285 |
8.2 X |
| MSFT (P) |
10715 |
435 (-) |
0.164 |
10.8 X |
