Wednesday’s trading session saw the S&P 500 and Dow Jones Industrial Average hitting record highs, driven by investor optimism following the election of Donald Trump as the 47th U.S. president. The S&P 500 index climbed 2.5% to 5,929.04, while the Dow soared over 3.6% to 43,729.93, marking its biggest single-day gain since November 2022. The tech-heavy Nasdaq rose nearly 3% to end Wednesday’s session at 18,983.47.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Arm Holdings Plc – ADR ARM
Arm Holdings closed the day up by 2.87% at $144.68, with an intraday high of $146.06 and a low of $141.01. The company’s 52-week high and low are $188.75 and $49.82 respectively. Arm reported second-quarter revenue of $844 million, beating analyst estimates, driven by record levels of royalty revenue. The chip designer also reported adjusted earnings of 30 cents per share,…
