NASDAQ index is now up 300 points

The NASDAQ index is now up 300.40 or 1.80%. The high price reached 17157.38.

The gain today is the largest since 1.99% on May 3. The price also moved up 2.02% on April 26. For the trading year, the NASDAQ index is up 14.31%. Remember in 2023, the NASDAQ index rose 43.42%. That came after a decline of -33.10% in 2022.

The S&P index is also trading to new record high. The high price reached 5348.73, up 57.38 points at session highs. For the trading year, the S&P index is up 12.14%. In 2023, the S&P index rose 24.23%. That came after a decline of -19.44% in 2022.

Nvidia shares just reached a market capitalization of $3 trillion. The Stock is currently up $56 or 4.81% at $1220.78. Apple and Nvidia is now tied as the largest capitalize stocks in the US.

In other markets,

• Crude oil is trading up $0.81 at $74.07.
• Gold is trading up $29.52 or 1.28% at $2355.61
• Silver is trading up $0.52 or 1.78% at $30.01
• Bitcoin is trading at $70,941 after reaching an intraday high of $71,759. It all-time high price reached $73,794

This article was written by Greg Michalowski at www.forexlive.com.