Tech Surge Lifts Nasdaq and S&P 500 to New Highs Amid Mixed Market

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Source: Investopedia
Tech Surge Lifts Nasdaq and S&P 500 to New Highs Amid Mixed Market
Photo: Investopedia
TL;DR Summary

The S&P 500 and Nasdaq Composite reached record highs, driven by gains in technology stocks, while the Dow Jones dipped slightly. Tesla shares rose 4% following optimistic analyst reports, and Super Micro Computer's stock surged nearly 30% after an investigation found no financial misconduct. Meanwhile, MicroStrategy purchased more Bitcoin, and Stellantis shares fell 7% after CEO Carlos Tavares resigned. Investors are eyeing upcoming economic data, particularly the November jobs report, for insights into potential Federal Reserve interest rate decisions.

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