S&P 500 Climbs to Record High on Earnings Optimism | Closing Bell
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Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Sally Bakewell, Carol Massar and Jess Menton. Wall Street traders drove stocks to all-time highs on growing bets that Corporate America will be able to weather the threats from still-elevated energy costs and interest rates. Just a week ahead of the earnings season, the S&P 500 notched its first record since August. An advance in artificial intelligence-related shares also buoyed sentiment, with Nvidia Corp.’s market value approaching $6 trillion. Advanced Micro Devices Inc.’s Lisa Su predicted “very high” chip demand over the next few years. Treasury 10-year yields fell from the highest since 2002. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET Saturday & Sunday 7am-10am ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/
Tags: Carol Massar, Katherine Greifeld, Romaine Bostick, Sally Bakewell, Tim Stenovec, jess menton
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