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tz-plus logo Historic Record: S&P 500 Breaks the 7,000-Point Mark for the First Time and Continues the Tech Rally – DAX Slightly Declines Ahead of the Fed Decision – Seagate Technology Soars as the AI Data Center Boom Massively Drives Demand for Mass Storage – Nextpower Strongly Increases Thanks to Successful Repositioning as an Energy Platform and Large Orders from Saudi Arabia – Stride Skyrockets After Impressive Margin Jump and Strong Student Growth – Texas Instruments Creates Optimism in the Chip Sector with Strong Outlook

M. Blattmann
Reading Time: 10 minutes

The S&P 500 reaches the historic milestone of 7,000 points for the first time Wall Street kicks off the last week of January with a strong boost, driven by a rally in global tech giants. The S&P 500 surpasses the 7,000 point mark for the first time, as solid corporate earnings further fuel ongoing enthusiasm for AI. Analysts view the AI boom as a strong driver supporting stock prices despite concerns over potential over-investment. Investors are looking for further momentum when Microsoft (+0.04%) and Meta Platforms (+0.39%) report...

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