US Stock Market Continues to Reach New Heights; S&P 500 and DJIA Surpass Previous Records
US Stock Market Performance: The US stock market reached new historical highs, with the S&P 500 closing at 6,944 and the DJIA at 49,462, both marking record levels amid reduced concerns over US military actions in Venezuela.
Key Index Movements: The S&P 500 rose by 0.6%, the DJIA increased by 1%, and the Nasdaq gained 0.7%, reflecting strong investor sentiment.
Sector Highlights: Amazon's stock surged by 3.4%, contributing positively to the major indices, while Nvidia saw a slight decline of 0.5%. Other AI-related stocks like Micron and Palantir also performed well, with Micron increasing by about 10%.
Manufacturing PMI Update: The ISM Manufacturing PMI for December in the US was reported at 47.9, slightly lower than the previous value of 48.2 and below the forecast of 48.3.
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