The Nasdaq Composite Index shattered the 25,000 mark for the first time in history on Thursday, driven by strong earnings from Apple and other tech giants. The S&P 500 also hit fresh all-time highs, continuing its rally.
Apple's better-than-expected quarterly results lifted investor sentiment, pushing the tech-heavy Nasdaq above the historic milestone. The Dow Jones Industrial Average also saw gains, though more modest.
Market analysts attributed the surge to robust corporate earnings and optimism about the economy. The rally comes amid easing inflation fears and steady consumer spending.
"It's a landmark day for the Nasdaq, reflecting the resilience of the tech sector," said a market strategist. "Apple's performance was the catalyst, but broad-based buying across technology stocks fueled the move."
The S&P 500's record close marks the latest in a series of highs for the benchmark index, underscoring the strength of the current bull market.