Reported 1 day ago
Stocks hit all-time highs led by Alphabet Inc.'s strong performance and demand for artificial intelligence, enhancing market confidence. The S&P 500 recorded its 10th record in 19 days, while job market strength and a positive forecast from Intel pushed Treasury yields higher. Despite concerns over inflated prices and risks in equity markets, analysts expect the upward trend in U.S. stocks to continue, especially amid favorable economic signals and trade deal progress. Meanwhile, mixed results from companies like IBM and American Airlines highlighted ongoing challenges in different sectors.
Source: YAHOO