US Markets Rally: Nasdaq Hits Record High for 7th Consecutive Day

Good signals from global markets, holiday in American markets today. All-round buying in American markets, new record on Nasdaq for the seventh consecutive day. Strong action of IT and semiconductor stocks continues. NVIDIA becomes the world's largest company, market cap of NVIDIA is now more than that of Apple and Microsoft, shares of NVIDIA rose by 175% this year. S&P 500 also made a new record, after Goldman Sachs, now Citi also increased the target of S&P 500, Citi increased the target of S&P 500 for this year to 5600. May retail sales were lower than the estimate, retail sales in May increased by 0.1%, the estimate was 0.2%. Bond yield slipped to near 4.2%. Dollar index softens, below 105. Increase of up to 0.5% in Europe. Crude oil prices rise for the second consecutive day. Brent crude crosses $85, at 7-week high. Buying in gold and silver also, copper recovered from 2 month low