US EditionS&P 500 Notches Record High Close Driven by Broadcom, ...
The S&P 500 rose 0.65% to 6,966.28 points, with chipmakers driving gains amid investor optimism on Federal Reserve interest rate cuts this year.
- On Jan 9 the S&P 500 rallied to a record close, climbing 0.65 per cent to end at 6,966.28 points, lifted by Broadcom and other chipmakers.
- Chip stocks rallied, sending the PHLX semiconductor index to a record as the S&P 500 value index climbed about 2 per cent in the first full trading week of 2026.
- Lam Research jumped 8.7% to $218.36 after Mizuho raised its price target to $220, while Broadcom rose 3.8%, Alphabet added 1%, and Tesla climbed 2.1%, lifting the S&P 500 and Nasdaq.
- Broader breadth showed nine of 11 S&P sectors rising, with the S&P 500 trading at about 22 times expected earnings, down from 23 in November.
- The December jobs report showed slower growth but unemployment fell to 4.4 per cent, while Zachary Hill said, `'On the overall AI theme, investors are getting granular and picking the winners and losers in terms of sub-themes and individual names,'` signaling increased focus on monetization.
11 Articles
11 Articles
The Post and Courier
S&P 500 notches record high close driven by Broadcom, other chipmakers
NEW YORK — The S&P 500 rallied to a record high close Jan. 9, lifted by Broadcom and other chipmakers, while a weaker-than-expected jobs report did little to alter expectations of interest rate cuts from the Federal Reserve this year.
The first full week of 2026 ends with a clear message: when the semiconductors press the accelerator, the broad index accompanies. The S&P 500 closed in a historic peak driven by Broadcom and the chip sector rally, while the employment report — looser in job creation, but with downfall unemployment — kept the typeplay almost intact. And, in parallel, the U.S. Supreme Court again postponed the final photo on Trump’s tariffs, leaving the market wa…
Hospodárske Noviny
trend.skStocks in the United States strengthened after the labor market report, chipmakers did well. The broader S & P 500 index closed at a record high. The dollar strengthened further on the foreign exchange market. The Dow Jones index rose by 0.48 percent to 49,504.07 points. The broader Standard & Poor's 500 index increased by 0.65 percent to 6,966.28 points. The technology market index Nasdaq rose by 0.81 percent to 23,671.35 points. The stock mark…
The reference rates of small and front-line capitalization also reached new peaks, as the upturn spread beyond the big technology
The three main Wall Street indices closed with progress the negotiations on Friday.The averages went up and the S&P 500 reached a record after the publication of labor data that reinforced the commitment to a pause in the Fed's interest rate cuts.The Industrial Average Dow Jones, made up of the shares of 30 giants, won 0.48% to 49,504.07 units, while the S&P 500 of the most valuable companies, rose 0.65% to 6,966.28 units.The Nasdaq Composite ad…
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