Stocks Soar to Record Highs, Gold Tops $4,000 – What’s Driving 2025’s Historic Rally?
Wall Street at Record Highs Amid AI Euphoria Wall Street’s 2025 rally has reached new heights. This week, U.S. stock indices pushed into uncharted territory, overcoming a brief stumble. After seven straight up sessions, the S&P 500 and Nasdaq Composite each pulled back slightly on Oct. 7 – a quick breather following their relentless climb ts2.tech ts2.tech. But by Wednesday Oct. 8, the bulls were back in force: the S&P 500 leapt +0.6% and set a fresh all-time closing high (~6,754), and the Nasdaq jumped +1.1% to its own record around 23,043 apnews.com apnews.com. The Dow Jones Industrial Average, while