Image: TradingkeyToday’s Market Recap: Dow and S&P 500 Hit Fresh Record Highs, Tech Stocks Lead Gains, Palantir Surges 29%, ARM Rises Over 17%
• The Dow and S&P 500 reached new record highs, while the Nasdaq rose 2.59%, driven by a rebound in global risk appetite and AI-driven optimism. • Tech stocks led the rally, highlighted by massive gains for Palantir (29%) and ARM (over 17%), though SpaceX and AMD saw post-market sell-offs. • The surge was triggered by cooling inflation expectations, declining Treasury yields, and a reduction in risk premiums as U.S.-Iran geopolitical tensions eased.
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