UPGD - S&P 500 Records All-Time Highs Led By Chipmakers, Dow Jones Seesaw Continues
2025-02-19 06:50:00 ET
Summary
- The S&P 500 reached new all-time highs, driven by a late-session rally in chipmakers, while the Dow Jones Industrial Average showed mixed movements.
- President Trump has proposed new tariffs, potentially targeting the Pharmaceuticals and Automobiles sectors with a 25% tariff rate.
- The Federal Open Market Committee minutes and S&P PMI data releases are upcoming and expected to provide further insights into the Fed’s monetary policy stance.
By Zain Vawda
The three major Wall Street indices fluctuated throughout the US session, shifting between gains and losses. A rise in chipmakers propelled the S&P 500 to fresh all-time highs late in the session despite a drop in technology stocks....
S&P 500 Records All-Time Highs Led By Chipmakers, Dow Jones Seesaw Continues