Wall Street ticks to another record as stocks worldwide rally – Winnipeg Free Press

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Wall Street ticks to another record as stocks worldwide rally – Winnipeg Free Press

19 Dec Business

NEW YORK (AP) — U.S. stocks rose to another record Thursday as financial markets around the world rallied again.

The S&P 500 added 0.4% to set an all-time high for the third time this week and the 42nd time this year. The Dow Jones Industrial Average gained 260 points, or 0.6%, to finish just shy of its record, while the Nasdaq composite rose 0.6%.

Micron Technology led the way with a jump of 14.7% after the maker of computer memory and storage products delivered stronger profit for the latest quarter than analysts expected. It benefited from sales related to artificial-intelligence technology, where a boom has helped drive some stocks to astounding heights.

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Sept. 26, 2024. (AP Photo/Ahn...</figure data-lazy-src=

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