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PT Solid Gold Berjangka | Nasdaq Leads Wall Street’s Gains as Microsoft Hits Record High

01:16 21 November in Market, PT SGB, SOLID GOLD BERJANGKA | SOLID GROUP
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SahamAS Wallstreet

Wall Street’s three major U.S. stock averages closed higher on Monday with Nasdaq leading gains as heavyweight Microsoft rallied after it hired prominent artificial intelligence executives, while lower Treasury yields also provided support.

The S&P 500 information technology sub-index was the top gainer among the S&P 500’s 11 major sectors, getting its biggest boost from Microsoft shares which touched a record high.

Microsoft CEO Satya Nadella said Sam Altman, who headed OpenAI until he was ousted late last week, was set to join Microsoft to lead a new advanced AI research team. Microsoft will also take on Greg Brockman, another OpenAI cofounder, as well as other researchers.

The news set a positive tone for the technology sector, which was also lifted heavyweight stocks including Apple and Nvidia.

According to preliminary data, the S&P 500 gained 34.03 points, or 0.75%, to end at 4,548.05 points, while the Nasdaq Composite gained 159.05 points, or 1.13%, to 14,284.53. The Dow Jones Industrial Average rose 203.76 points, or 0.60%, to 35,155.75.

Source : Reuters,PT SGB, Solid Group, Solid Gold Berjangka