The S&P 500 and Nasdaq reached unprecedented levels for two consecutive days
On Wednesday, the S&P 500 and Nasdaq benchmark indices achieved new closing highs for the second straight day, fueled by optimism that the Federal Reserve may be approaching a cycle of monetary easing.
Nonetheless, after robust advances the day before, the market exhibited weakness in certain tech stocks.
This week, indications that US tariffs on imports have not entirely affected consumer prices brought relief to investors looking for insights into how trade uncertainty is affecting the economy.
As investors looked for new growth drivers, some major tech stocks, including Nvidia, Alphabet, and Microsoft, declined.
