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Tech Leads Market Surge Amid Fed Calm | US News
Stocks soared to new highs as tech giants like Sandisk and Micron fueled an AI-driven earnings rally, with the S&P 500 hitting an all-time peak. While Nasdaq and Dow climbed modestly, Cisco stumbled on weak revenue forecasts. Geopolitical friction with Iran looms over trade routes, but inflation eased as producer prices held steady and unemployment claims ticked up—boosting bets that the Fed will hold rates steady at their next meeting. Tapestry fell on softer growth outlooks, while Dell and HP rose thanks to Lenovo’s China momentum. Listen in comfort:Get a discount on a Soli Pillow…
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