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Stocks Rally at CES Launch with Foxconn Achieving Record Revenues

share-iconPublished: Monday, January 06 share-iconUpdated: Monday, January 06 comment-icon3 months ago
News sources:
USATODAY
Stocks Rally at CES Launch with Foxconn Achieving Record Revenues

Credited from: USATODAY

  • Stocks surged at the start of 2025, with the S&P 500 climbing 1.1% to 6,008 amid tech innovation excitement.
  • The Dow Jones Industrial Average gained 226 points (0.5%), while the Nasdaq Composite increased by over 1.7%.
  • Investors focused on big tech names at CES, notably NVIDIA, whose shares rose nearly 4% ahead of a keynote speech.
  • Foxconn reported record December revenues driven by demand for AI technologies, positively impacting tech stocks.
  • Market participants are closely watching potential changes to tariff plans from the incoming presidential administration.

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Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

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