The US stock market reached an all-time high as economic indicators painted a positive picture of the world’s largest economy. The S&P 500 briefly surpassed 6,300 before closing at a record level. Solid retail sales and falling jobless claims fueled gains in economically sensitive shares.
Tech stocks also saw significant growth, boosted by a bullish outlook from Taiwan Semiconductor Manufacturing Co. on artificial-intelligence spending. Netflix Inc.’s strong quarterly earnings report further contributed to the market’s upswing. The dollar strengthened, while short-dated bonds fell as investors became more optimistic about the economy’s prospects.
Source: https://www.bloomberg.com/news/articles/2025-07-16/stock-market-today-dow-s-p-live-updates