Wall Street in a high flight: Tech giants drive up markets!

On January 6, 2025, most of the stock indices showed positive developments worldwide. The increase was driven in particular by the sector of the semiconductor, which expects a higher demand for infrastructure for artificial intelligence in 2024. The Dow Jones recorded a decline of 0.06% on the New York stock market and closed at 42,706.56 points.

In contrast, the Nasdaq and the S&P 500 win. The NASDAQ rose by 1.24% and closed at 19,864.98 points, while the S&P 500 increased by 0.55% to 5,975.38 points. Mark Hackett from Nationwide emphasized the purchase mentality of the investors and the need for discipline and creativity to make profits in the future.

Developments in the technology industry

The three most important indices from Wall Street also increased in the morning hour of the same day. The US stock indices, supported by technological shares that were driven by recorder results from Foxconn and the boom in artificial intelligence. Dow Jones industrial average rose by 0.75% to 43,052.82 units, while the S&P 500 increased by 1.28% to 6,018.79 points. The Nasdaq Composite recorded an increase of 1.90% and closed at 19,994.43.

foxconn reported record sales in the fourth quarter, which had a positive effect on the share prices. The performance of Nvidia with an increase of 5.15% and Apple, which increased by 1.29%, is particularly remarkable. Halver ladder manufacturers such as ASML (+8.98%) and Advanced Micro Devices (+3.17%) also showed growth. Microsoft shares rose by 2.01% and thus continued the positive development after an increase of 1% in the previous session. Microsoft plans to invest $ 80 billion in the construction of data centers for artificial intelligence in the current financial year.

In addition, the markets received positive news from "The Washington Post" about possible customs measures by the designated President Donald Trump. Trump was sworn in on January 20, 2025, and investors are eagerly observing the upcoming labor market numbers and the speeches of the Federal Reserve officials this week. In particular, profits in the technology and communication sectors, including the positive developments in Nvidia, Boeing (+1.49%) and Microsoft, while Boeing's shares climbed according to an improved recommendation.