S&P 500, Nasdaq reach record closing highs as focus pivots to earnings - Reuters — SkimNews
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- S&P 500 and Nasdaq both reached record closing highs, with market focus pivoting to the upcoming earnings season
- Nvidia is nearing a $6 trillion market capitalization milestone as the broader rally lifts tech valuations
Why it matters: The record close despite bond market stress shows equity investors are prioritizing earnings momentum over fixed-income turbulence, with Nvidia's approach to $6 trillion underscoring how concentrated market leadership remains in mega-cap tech.
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