Stock Market Overview
Thu, Apr 15th, 2021
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U.S. Stock Indexes Close at New Record Highs on Signs the Economic Rebound is Accelerating
Barchart - Thu Apr 15, 3:45PM CDT
The S&P 500 Index ($SPX) on Thursday closed up +1.11%, the Dow Jones Industrials Index ($DOWI) closed up +0.90%, and the Nasdaq 100 Index ($IUXX) closed up +1.61%.
U.S. stock indexes on Thursday settled moderately higher as the S&P 500, Dow Jones Industrials, and the Nasdaq 100 all posted new all-time highs. Strength in technology stocks on Thursday led the overall market higher. Stock indexes extended their gains after Thursday’s stronger-than-expected U.S. economic data signaled the economic rebound is accelerating.
A rally in technology stocks on Thursday was a bullish factor for the overall market.  Notable gainers included a +5% gain in Nvidia (NVDA) after the stock was raised to a strong buy from outperform at Raymond James. Also, Advanced Micro Devices (AMD) closed up more than +5% on Thursday after Raymond James initiated coverage of the stock with a recommendation of outperform with a price target of $100. In addition, Thermo Fisher Scientific (TM... Read more
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