S&P 500 opens at record high on retail sales data, chip stocks boost
- Posted on October 17, 2024
- By Business News Today
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S&P 500 opens at record high on retail sales data, chip stocks boost
Wall Street's main indexes jumped on Thursday, with the S&P 500 notching up a record high as an upbeat forecast from TSMC boosted semiconductor stocks, while a bigger-than-expected rise in September retail sales pointed to a strong U.S. consumer.