US Stocks Close Higher, S&P and Nasdaq Hit Record Highs
The US stock market closed higher with the S&P 500 and Nasdaq reaching record highs, driven by optimistic corporate earnings and resilient US economic growth. This marked the best monthly performance since 2020.
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- 📰 Published: May 1, 2026 at 06:00
- 🔍 Collected: May 1, 2026 at 06:31 (31 min after Published)
- 🤖 AI Analyzed: May 1, 2026 at 07:23 (51 min after Collected)
Central News Agency
(Central News Agency, New York 30th, comprehensive foreign report) Due to optimistic corporate earnings and the continued resilience of the US economy, major US stock indices closed higher today, with the S&P and Nasdaq closing at record highs, also marking their best monthly performance since 2020.
The Dow Jones Industrial Average rose 790.33 points or 1.62%, closing at 49652.14 points.
The S&P 500 index surged 73.06 points or 1.02%, closing at 7209.01 points.
The Nasdaq Composite Index rose 219.07 points or 0.89%, closing at 24892.31 points.
The Philadelphia Semiconductor Index surged 232.40 points or 2.26%, closing at 10503.70 points.
In terms of individual stocks, Meta's stock price plummeted by about 8.6%, while Google (Google) parent company Alphabet surged by nearly 10%. These two tech giants had earlier announced their quarterly earnings reports, and investors reacted very differently to their massive bets on artificial intelligence (AI). (Compiler: Yang Chao-yen) 1150501
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(Central News Agency, New York 30th, comprehensive foreign report) Due to optimistic corporate earnings and the continued resilience of the US economy, major US stock indices closed higher today, with the S&P and Nasdaq closing at record highs, also marking their best monthly performance since 2020.
The Dow Jones Industrial Average rose 790.33 points or 1.62%, closing at 49652.14 points.
The S&P 500 index surged 73.06 points or 1.02%, closing at 7209.01 points.
The Nasdaq Composite Index rose 219.07 points or 0.89%, closing at 24892.31 points.
The Philadelphia Semiconductor Index surged 232.40 points or 2.26%, closing at 10503.70 points.
In terms of individual stocks, Meta's stock price plummeted by about 8.6%, while Google (Google) parent company Alphabet surged by nearly 10%. These two tech giants had earlier announced their quarterly earnings reports, and investors reacted very differently to their massive bets on artificial intelligence (AI). (Compiler: Yang Chao-yen) 1150501
Choose to stand with facts, every sponsorship you make is a force to protect press freedom.
Download the Central News Agency "First-hand News" APP to get the latest news instantly.
The text, images, and audio-visual content of this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.