Stock market surges on Big Tech gains, nearing records
Fastcompany·2026-01-07 05:04

Stocks rose on Wall Street Tuesday afternoon and approached more all-time highs. The S&P 500 added 0.6% and is hovering around the record it set in late December. The Dow Jones Industrial Average rose 482 points, or 1%, after setting a record on Monday. The Nasdaq composite rose 0.6% as of 3:01 p.m. ET. Big Tech companies were making some of the most notable moves. Amazon, which has reached into both retail and technology, surged 3.7%. It is one of the most valuable companies in the world and its outsized s ...