Tuesday, November 10, 2026
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S&P 500 renews historic highs and technology shines

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After the US Federal Reserve held a meeting with interest rates unchanged, the US market this week faces some macroeconomic data that will continue to provide clues about the state of the economy and the Fed's potential roadmap.

Wall Street closed with all three indexes in the green on the day when Federal Reserve Board member Patrick Harker indicated he would support one rate cut this year, if inflation data is positive.

In this context, the S&P 500 and Nasdaq 100 indices renewed their gains, while the Dow Jones closed higher.

Thus, the Standard & Poor's 500 index rose by 0.77% to 5,473 points, reaching its highest historical levels, while the Nasdaq 100 index rose by 0.95% to 17,857 points, approaching the historical level of 20,000 points.

The technology index was led by Autodesk (+6.48%), Broadcom (+5.41%), and Tesla (+5.30%). Moreover, within this index, Nvidia and Microsoft are in the news as the ETF (Selected Technology Sector SPDR Fund) will increase the weight of these two companies, up to 21%, at the expense of Apple, which will decrease to 4.5%.

For its part, the Dow Jones Industrial Selective Index rose by 0.49% to 38,778 points, recording the first rises since last Monday, June 10.

Meanwhile, the price of a barrel in Texas rose 2.54%, to $80.47. Likewise, gold fell 0.59% to $2,335

After the US Federal Reserve held a meeting with interest rates unchanged, the US market this week faces some macroeconomic data that will continue to provide clues about the state of the economy and the Fed's potential roadmap.

On Tuesday, investors will learn about May retail sales, which should show a decline in household balance sheets. On Thursday, unemployment claims will be announced.

This is a shorter week for the United States, as the holiday will be next Wednesday. However, it is important to highlight the Goldman Sachs note, which raised the S&P 500 target from 5,200 points to 5,600 points at the end of this year, giving additional upside to the benchmark index.

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