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The S&P 500 just clinched a fresh all-time high as traders try to spark a Santa Claus rally [Business Insider]
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Have an account? Log in The S&P 500 rose to a fresh all-time high on Tuesday as traders digested the strong Q3 GDP report. Traders are looking to gather momentum to spark a Santa Claus rally into year-end. Tech shares led the way, with Nvidia up 3%. Broadcom rose 2%. The S&P 500 clinched a fresh all-time high on Tuesday, led by tech stocks, as traders digested a robust third-quarter GDP report and hoped to spark a year-end Santa Claus rally The benchmark index closed at 6,909, powered largely by a rally in tech. Nvidia climbed 3%, extending its gain from Monday's session on optimism over reports that the chipmaker could start shipping its H200 chip to China by February next year. Here's where US indexes stood at the 4 p.m. closing bell on Tuesday: S&P 500 6,909.77, up 0.45% Dow Jones Industrial Average : 48,442.41, up 0.16% (+79.73 points) Nasdaq composite : 23,561.84, up 0.57% But the big news on Tuesday was the third-quarter GDP report, which blew past mos
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