<\/p>\n
Wall Street closed with S&P 500 and Nasdaq at fresh records as Tesla and Apple led a powerful tech rally while the Dow slipped.<\/p>\n
<\/p>\n
U.S. stocks closed higher on Wednesday, with the S&P 500 and Nasdaq finishing at record levels as a renewed surge in technology shares overshadowed weakness in the Dow Jones Industrial Average.<\/p>\n
According to market data compiled by Gate, the Dow slipped 0.15%, while the S&P 500 rose 0.8% and the Nasdaq added 1.59%, pushing both benchmarks to fresh all-time closing highs in New York.<\/p>\n
Tesla shares rallied 7.6% to around $390 after recent losses, extending a rebound that has left the electric-vehicle maker up sharply from its intraday low near $362 earlier in the session.<\/p>\n
Apple also advanced, climbing nearly 3% as investors rotated back into the largest U.S. technology and AI-linked names, helping to propel the tech-heavy Nasdaq to its latest record.<\/p>\n
SanDisk, by contrast, fell 5.5%, highlighting ongoing dispersion within the broader technology complex even as headline indices notch new peaks.<\/p>\n
<\/p>\n
The latest leg higher leaves the S&P 500 trading just below 7,000 points, extending a powerful run that has seen the index gain more than 16% over the past year alongside expectations for roughly 15% annual earnings growth, according to recent U.S. market research.finance.yahoo+1<\/p>\n
Chinese companies listed in New York also participated in the move, with the Nasdaq Golden Dragon China Index up 0.7% and NetEase adding about 2%, underscoring renewed risk appetite for growth and internet names.<\/p>\n
The advance comes against a backdrop of investors betting that resilient U.S. economic data, strong big-tech balance sheets and ongoing enthusiasm around artificial intelligence will continue to support equities, even as geopolitical tensions and higher-for-longer rates remain in focus.<\/p>\n
In this environment, Wall Street strategists have pointed to April\u2019s historical tendency to deliver strong equity performance, with the S&P 500 averaging gains of roughly 1.4% in the month over recent decades, reinforcing seasonal tailwinds behind the latest breakout.<\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
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