Wall Street’s pause from its record-breaking rally didn’t last long.
The S&P 500 climbed 0.6 percent on Wednesday, a day after snapping a seven-day winning streak, and set its latest all-time high. The Dow Jones Industrial Average edged down by 1 point, while the Nasdaq composite rose 1.1 percent to its own record.
Stocks benefiting from the artificial-intelligence boom continued to pull the market higher following a nearly relentless rise since April. Gold continued its stellar year and pushed further past $4,000 per ounce.
On Wednesday:
The S&P 500 rose 39.13 points, or 0.6 percent, to 6,753.72.
The Dow Jones Industrial Average fell 1.20 points, or less than 0.1 percent, to 46,601.78.
The Nasdaq composite rose 255.02 points, or 1.1 percent, to 23,043.38.
The Russell 2000 index of smaller companies rose 25.57 points, or 1 percent, to 2,483.99.
For the week:
The S&P 500 is up 37.93 points, or 0.6 percent.
The Dow is down 156.50 points, or 0.3 percent.
The Nasdaq is up 262.87 points, or 1.2 percent.
The Russell 2000 is up 7.81 points, or 0.3 percent.
For the year:
The S&P 500 is up 872.09 points, or 14.8 percent.
The Dow is up 4,057.56 points, or 9.5 percent.
The Nasdaq is up 3,732.58 points, or 19.3 percent.
The Russell 2000 is up 253.83 points, or 11.4 percent.
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