What Happened in the Stock Market Today
Major benchmarks set records as investors considered positive earnings reports and encouraging signs of a trade agreement with China. The Dow Jones Industrial Average (DJINDICES: ^DJI) closed above 28,000 for the first time and the S&P 500 (SNPINDEX: ^GSPC) set a record as well. Healthcare and technology led the market higher.
As for individual stocks, two semiconductor companies reported strong results, but investors were more interested in their outlooks for next quarter. NVIDIA (NASDAQ: NVDA) gave conservative guidance, but Applied Materials (NASDAQ: AMAT) sees signs of a semiconductor recovery.
Source Fool.com