Overview:
The S&P 500 notched a fresh record close at 7,609.78 on Tuesday, its first finish above 7,600, as a 33% surge in Marvell Technology and a 19% jump in Hewlett Packard Enterprise powered the session's gains. Technology led all sectors with a 2.77% advance, while Alphabet fell nearly 4% after announcing an $80 billion stock sale to fund AI infrastructure. After hours, Palo Alto Networks climbed more
The S&P 500 notched a fresh record close at 7,609.78 on Tuesday, its first finish above 7,600, as a 33% surge in Marvell Technology and a 19% jump in Hewlett Packard Enterprise powered the session’s gains. Technology led all sectors with a 2.77% advance, while Alphabet fell nearly 4% after announcing an $80 billion stock sale to fund AI infrastructure. After hours, Palo Alto Networks climbed more than 4% following a Q1 earnings beat, and JOLTS data showed job openings rising 4.6% in April to 7.6 million, the highest in nearly two years.
This article is published by PreMarket Daily for informational purposes only. Nothing here constitutes financial advice, investment recommendations, or an offer to buy or sell any securities. Always consult a qualified financial professional before making investment decisions.