logo

This website uses cookies to ensure you get the best experience on our website.

Read through the Privacy Policy to understand better

 Go Back

Stock market today: S&P 500 adds to its record as Wall Street drifts higher

By STAN CHOE - Feb 19, 2025, 05:22 PM ET
Last Updated - Feb 19, 2025, 05:22 PM EST
Financial Markets Wall Street
FILE - The American flags hangs on the facade of the New York Stock Exchange in New York's Financial District on Tuesday, Nov. 5, 2024. (AP Photo/Peter Morgan, File)

The S&P 500 added to its record as U.S. stock indexes drifted through a quiet, mixed day on Wall Street

NEW YORK (AP) — The S&P 500 added to its record as U.S. stock indexes drifted through a quiet Wednesday on Wall Street.

The S&P 500 rose 0.2% after setting an all-time high the day before. The Dow Jones Industrial Average picked up 71 points, or 0.2%, while the Nasdaq composite inched up by 0.1%.

Sponsored

Microsoft was the strongest force pushing the S&P 500 upward. It rose 1.3% after saying it had developed what it calls the world’s first “quantum processing unit,” which could lead to the development of much more powerful computers. While the gain was relatively modest, Microsoft's gargantuan size gives its stock's movements huge sway on the S&P 500 and other indexes.

A 9.7% rally for Analog Devices also helped push the market higher. The semiconductor company reported stronger profit for the latest quarter than analysts expected, despite what CEO Vincent Roche called a “challenging macro and geopolitical backdrop.”

By continuing to use this site, you agree to our terms and conditions
Sponsored
Sponsored
Sponsored
Our Offices
  • 10kInfo, Inc.
    13555 SE 36th St
    Bellevue, WA 98006
    Phone: +1 (425) 414-0184
  • 10kInfo Data Solutions, Pvt Ltd.
    Claywork Create
    11 km, Arakere Bannerghatta Rd, Omkar Nagar, Arekere,
    Bengaluru, Karnataka 560076
    Phone: +91 80 4902 2100
4.2 20250411