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Benzinga
Benzinga
Business
Piero Cingari

Wall Street Soars To New Highs, Magnificent 7 Top $18 Trillion: What's Moving Markets Thursday?

United States
A,Detailed,Stock,Market,Data,Display,With,Upward,Trending,Arrows

U.S. stocks surged to new record highs on Thursday, with Wall Street celebrating stronger-than-expected labor market data ahead of the July 4 holiday.

The S&P 500 was eyeing 6,300, while the Nasdaq 100 climbed to 22,860. The Dow Jones Industrial Average also rallied, coming close to 44,900 — just shy of its January peak. Small caps joined the rally, with the Russell 2000 up nearly 1%.

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