Pre-Market Report – Thursday 23 January: US markets push higher on AI and Stargate | Gold up

Stocks climbed on Wednesday, with the S&P 500 hitting a fresh all-time high, as Oracle and Nvidia rallied on artificial intelligence optimism and President Donald Trump’s new term in office.

The S&P 500 advanced 0.61% after hitting an intraday record of 6,100.81, exceeding the last milestone touched in December before the market pullback. The broad index closed at 6,086.37, slightly below its all-time closing high.

The Nasdaq Composite popped 1.28% to 20,009.34, underscoring the outperformance of tech names. The Dow Jones Industrial Average rose 130.92 points, or 0.3%, to 44,156.73, boosted by Procter & Gamble’s gain of nearly 2% on the back of strong earnings.

SPI down 35 - OFL gets another bid - Gold up - Oil down - PMV and MYR vote today.

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