The S&P 500 Index recorded a new all-time-high, spurred by Fed Chair Jerome Powell's verdict at the FOMC, cooling inflation, and tech stocks' performance.
Consumer sentiment in US reaches highest level in 2.5 years despite struggling housing market. Tech stocks lead market increase while Treasury yields rise.
During midday Thursday trading in New York, U.S. stocks displayed mixed performance, with the technology sector outperforming others as investors maintained a bullish outlook on artificial intelligence, temporarily setting aside concerns about interest rates.