Nasdaq rises to new record; S&P 500 closes flat as oil slides for a fifth day - CNBC — SkimNews
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- Nasdaq reached a new record high close while the S&P 500 finished flat, with AI stocks driving the tech-led rally per Reuters and CNBC.
- Oil prices fell for a fifth straight session, pushing Brent crude below $100 per barrel as Wall Street broadly held near record territory.
Why it matters: A fifth consecutive day of oil declines pulling Brent below $100 eases inflation pressure and input costs, giving AI and tech names — which powered the Nasdaq to records — a clearer runway than the flat S&P 500 close suggests the broader tape is sharing.
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