US DJIA Rises by 270 Points; Alphabet Hits New High with 1% Increase; Nvidia Tops Tech Stock Drop
US Stock Market Performance: On Thursday, US stocks showed mixed results, with the DJIA rising by 270 points (0.6%) to close at 49,266, while the Nasdaq fell by 104 points (0.4%) to 23,480, and the S&P 500 barely increased, closing at 6,921.
Alphabet's Market Achievement: Alphabet (GOOG.US) defied the downward trend, reaching a record closing high of US$326.01, with a market cap nearing US$4 trillion, surpassing Apple to become the second highest in the US stock market.
Tech Stocks Decline: Major tech stocks experienced declines, with Nvidia down 2.2%, Intel down 3.6%, and both Apple and Meta down less than 1%.
ISM Services PMI Update: The ISM Services PMI for December in the United States was reported at 54.4, exceeding the previous value of 52.6 and surpassing the forecast of 52.3.
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