US Stock Market Close | S&P Breaks 5600 Points! Tech Stocks Lead

S&P 500 rose 0.85%, closing at 5,615 points (historical high!)

· Dow Jones slightly up 0.08%, closing at 39,950 points

· Nasdaq surged 1.40%, closing at 18,450 points

· Strong performance in tech stocks: AMD (+5.1%), NVIDIA (+3.2%) leading, with Meta, Microsoft, and Google following

· Focus: July PPI inflation data exceeded expectations, boosting market confidence in rate cuts

· Chinese concept stocks: Nasdaq Golden Dragon China Index fell 0.65%, with mixed performance among individual stocks