US Stock Market Today: S&P 500 and Nasdaq Hit Records as AMD Rally, Oil Drop Shake Wall Street
Stocks barreled higher Wednesday, driving the S&P 500 and Nasdaq to new records. Advanced Micro Devices gave the AI trade another jolt with a strong forecast, while reports of movement on a U.S.-Iran agreement knocked oil down. By 12:30 p.m. ET, the Dow climbed 510.85 points, or 1.04%, landing at 49,809.10. The S&P 500 advanced 82.14 points, or 1.13%, to 7,341.36. Nasdaq surged 395.68 points, or 1.56%, to 25,717.84.