US stock market at record high: What's behind it?

US stock market at record high: What's behind it?

According to a report by www.deraktionaer.de, the US stock market celebrated new records on Wednesday. The S&P 500 and the Nasdaq 100 marked all-time highs. An auction of ten-year US government bonds worth a record $42 billion, which were sold at a lower yield than expected, also contributed to this. Despite positive signals regarding a reduction in key interest rates by the US Federal Reserve, interest rate cuts are unlikely as early as March.

At the close of trading, the Dow Jones gained 0.4 percent to 38,677 points. The S&P 500 missed the 5,000 point mark by just a tenth of a point, gaining 0.8 percent to 4,995 points. The Nasdaq 100 reached a new record high of 17,784 points and rose by a good one percent to 17,755 points.

An optimistic outlook from Enphase Energy created a positive mood in the solar industry. Enphase shares jumped by almost 17 percent, SolarEdge shares rose by 13 percent, First Solar by 3.1 percent and Sunrun gained 5.8 percent. The chip giant Nvidia also made gains and exceeded the $700 mark for the first time. Investors also assessed the figures from Ford, Uber and Amgen. Ford gained six percent at the close of trading, Uber barely managed a plus of 0.3 percent and Amgen ultimately fell by 6.4 percent, although the business figures were above analysts' estimates.

The shares of New York Community Bancorp temporarily fell by a double-digit percentage to their lowest level since 1997, but then turned around again and rose by seven percent. The operating company Snap collapsed by a little more than a third after its figures missed sales expectations and announced a surprisingly high loss forecast for the current quarter. Alibaba lost 5.9 percent due to declining profits in the last fiscal quarter.

These developments signal a mix of confidence and uncertainty in the US stock market. The S&P 500 and Nasdaq 100 records show strong investor confidence, while the negative reactions to Amgen, Snap and Alibaba numbers signal uncertainty and concerns about earnings performance. The impact on the market and consumers will be influenced by this mix of confidence and uncertainty, as investors may become more cautious while continuing to invest in promising areas such as renewable energy and technology.