Wall Street, which had reopened stable, opted for the upside in the second half of the session: absolute records follow one another inexorably.
The S&P500 (+0.29%) set a third consecutive closing record at more than 4,864.864, in the wake of the $750 billion-plus capitalization titans, which gained +0.7% on average.
Note that 80% of the performance since January 1 is based on three stocks and 100% on 12 other performers, which means that 485 out of 500 S&P stocks did not participate in either the rise or the recent records.

The Nasdaq Composite climbed 0.43% to 15,426 and the Nasdaq-100 set a fourth record in a row at 17,404... and what's remarkable is that the index is closing at its highest level ever, as if the bullish momentum were regaining strength, now that investors have mourned the loss of a rate cut in March and are hoping for one in early May.

The Nasdaq was supported by the inevitable semiconductor manufacturers (SOX gained 0.65%, +8.5% in 4 sessions) with NXP +2.3%, On-Semiconducteurs +2.1%... and Nvidia, which clawed back 0.4%, set a new closing record at $498.7.

The Dow Jones index once again stood out - as it had the day before - losing 0.25% to 37,905, in the wake of 3M, which fell more than 11% after reporting a disappointing outlook for 2024, against a backdrop of slowing demand.

Note the heavy profit-taking by homebuilders DR Horton (-9.2%), Beazer Homes (-5.6%), Pulte Group and Lennar (-5%): the sector has come to an abrupt halt after an exceptional 2023.

Conversely, publications by Verizon and Procter & Gamble were welcomed by investors, with gains of +6.7% and +4.2% respectively. Halliburton, also publishing on Tuesday, gained +2.5%.

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