Reported about 7 hours ago
U.S. stocks climbed on Wednesday, with the S&P 500 and Nasdaq both reaching new record highs, bolstered by Oracle's impressive revenue forecast, which saw its shares surge over 36%. The unexpected drop in wholesale inflation added to optimism regarding a potential interest rate cut from the Federal Reserve next week. Meanwhile, the Dow Jones Industrial Average saw a slight decline due to fewer tech stocks. Investors are now keenly awaiting upcoming inflation data for further insights.
Source: YAHOO