S&P 500 Closes at Record 7,581 While Eight of Eleven Sectors Decline in May
The S&P 500 ended May at a record 7,581 and the Nasdaq posted an 8 percent monthly gain. Eight of eleven sectors finished the month lower despite the index advance.
CnbcThe S&P 500 closed Friday at a record 7,581 while the Nasdaq recorded an 8 percent gain for May. Eight of eleven sectors ended the month lower. Information technology rose about 16 percent and the SOXX semiconductor index climbed 24 percent. Most other sectors finished lower.
96 estimate. The company raised full-year guidance. 1 billion, up 757 percent from a year earlier. The stock rose roughly 30 percent on Friday, adding an estimated $62 billion in market value.
Fourteen public companies now exceed $1 trillion in market value. 5 trillion. Micron crossed $1 trillion for the first time this month. AMD topped $800 billion.
Key Facts
Potential Impact
- 01
Dell added an estimated $62 billion in market value.
- 02
AI hardware suppliers may see continued investor attention.
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