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US Stocks Surge: Nasdaq Hits Record Highs Amid Market Rally

6/25/2025

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Summary

Story summary

US stocks soared, with the Nasdaq 100 hitting an all-time high, climbing 1.5%. The S&P 500 and Russell 2000 followed suit. Uber's collaboration with Waymo propelled its shares up by more than 7%, while Carnival's impressive earnings sparked a 7% jump. Lyft also enjoyed a 6% rise after a favorable upgrade, as easing geopolitical tensions weighed on defense stocks.

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Story summary

US stocks soared, with the Nasdaq 100 hitting an all-time high, climbing 1.5%. The S&P 500 and Russell 2000 followed suit. Uber's collaboration with Waymo propelled its shares up by more than 7%, while Carnival's impressive earnings sparked a 7% jump. Lyft also enjoyed a 6% rise after a favorable upgrade, as easing geopolitical tensions weighed on defense stocks.