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Big Tech Climb Powers S&P 500, Nasdaq to New Records
  • Investing

Big Tech Climb Powers S&P 500, Nasdaq to New Records

  • July 2, 2025
  • Roubens Andy King
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Another day of gains from big tech stocks lifted the S&P 500 and Nasdaq composite to fresh records on Wednesday. Technology shares in the S&P 500 rose more than 1%, buoyed by climbs in Apple Nvidia and Tesla —three stocks that number among the so-called Magnificent Seven that have helped power major indexes to new records in recent years. The tech-heavy Nasdaq added 0.9% to settle at its third record of the year, while the Dow Jones Industrial Average fell around 11 points, or less than 0.1%, to 44484.42.

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