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Stock Market Extends Record Highs, S&P 500 Hits 4,900 On Tech Rally, Microsoft’s $3 Trillion Mark: What’s Driving Markets Wednesday?

It’s a bullish day on Wall Street, with major U.S. large-cap indices reaching record highs, driven by broad-based rallies in tech-related stocks as investors continue to embrace the AI trade.

AAPL

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Rails Back On Track: Analyst Upgrades Union Pacific And Norfolk Southern, Predicts Strong Intermodal Recovery

Analyst David Vernon forecasts a positive trajectory for U.S. rail stocks in FY24. Navigate the evolving market with strategic upgrades: Union Pacific Corp (UNP) and Norfolk Southern Corp (NSC). UNP stands out as a top-quality investment, upgraded to Outperform, while NSC gains momentum with an Outperform rating and a compelling turnaround narrative.

CSX