New York Stock Market Index Hits Record High

The New York Stock Market index hit a record high of 50,239.11 points on Thursday, a gain of over 1%. This is the highest level since March 2020.

  • The S&P 500 index closed at 4,850.33 points, up 1.2% from its previous day
  • The Dow Jones Industrial Average rose 0.8% to 34,445.15

Tech Giants' Stock Prices Plunge Amid Antitrust Fears

Tech giants like Apple and Amazon saw their stock prices plummet on Thursday, amidst concerns over antitrust regulations. The NASDAQ composite index dropped 1.5% to 9,550.55.

  • Apple's stock price fell 4.5% to $174.15 per share
  • Amazon's stock price declined 3.8% to $231.45 per share

Global Economic Growth Sees Mixed Signals

The global economic growth indicators saw mixed signals, with the World Bank expecting a 3% increase in GDP for the next quarter. However, the International Monetary Fund (IMF) warns of potential risks to economic growth if trade tensions continue.