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Nvidia's 2% gain pushed its market valuation above $5.7 trillion and led the Nasdaq Composite to a record closing price of 27,477.31 on Oct. 5. The rally added $540 billion to the US stock market, while the S&P 500 climbed 0.7% to finish just 0.5% below its own all-time high. Gains in Microsoft, Meta, and Tesla further bolstered the tech-heavy index, which broke out of a 4 month trading range.
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Key sources
- SOURCE@yahoofinance“$NVDA led the $IXIC to a new record high on Monday, closing at 27,477.31”x.com
- SUPPORT@bulltheoryio“$540 billion added to the US stock market today as the Nasdaq hits a new all time high”x.com
- SUPPORT@deitaone“If you think the benefits of AI are essentially infinite, so what if you have to pay more to borrow money?”x.com
- SUPPORT@marionawfal“Nvidia gained 2% and pushed past a $5.7 trillion valuation”x.com
- SOURCEhuggingnewshuggingnews.com