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Arm's shares rose as its post-IPO lockup period expired, with investors potentially considering selling to secure gains. Tech stocks, including Nvidia, rebounded, contributing to the resumption of the Wall Street rally, with the Nasdaq nearing a record close. The S&P 500 achieved a new record high, driven by strong performance from big tech and chip stocks.
LISTEN NOW: Seasoned tech names like IBM, Dell, Oracle, and more are all seeing outsized gains. With the S&P closing at yet another record, can you count on the whole tech trade to keep fueling the rally? Listen to the @CNBCFastMoney podcast here: https://t.co/2KdGymzp3L https://t.co/thAYYo1KPs
Arm's shares rise as Wall Street eyes IPO lock-up expiration https://t.co/ztRk0nhx7J https://t.co/xQ1mlq4gpH
LISTEN NOW: Big tech and chip stocks bounced back today, bringing the Nasdaq just short of a record close. But the S&P 500 managed a new record. Listen and follow the @CNBCOvertime podcast here: https://t.co/PhvVUfQoPP https://t.co/ApzCX5Rhyb
