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Barchart
Barchart
Rich Asplund

S&P 500 and Nasdaq 100 Post Record Highs as Tech Stocks Soar

The S&P 500 Index ($SPX) (SPY) Wednesday closed up +1.18%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.25%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +2.04%.

Stock indexes Wednesday settled higher, with the S&P 500 and Nasdaq 100 posting new all-time highs and the Dow Jones Industrials climbing to a 1-week high.  The strength of chip stocks on Wednesday led technology stocks higher and was a positive factor for the broader market.  Also, some positive corporate news on Wednesday supported technology stocks after Hewlett Packard Enterprise reported stronger-than-expected Q2 revenue and CrowdStrike Holdings reported better-than-expected Q1 EPS. 

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