S&P 500, Nasdaq Slip After Record Highs; HPE Soars
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- S&P 500 fell after reaching a fresh record high, per Reuters.
- Nasdaq also slipped after hitting a record high, per Reuters.
- HPE shares surged sharply, outpacing the broader market, per Reuters.
- Nvidia helped push the S&P 500 to a new record high as chip stocks rallied, per CNBC.
- Iran talks added uncertainty, contributing to Wall Street futures slipping, per Investing.com.
Why it matters: Investors in broad market ETFs see modest losses as the S&P 500 and Nasdaq retreat from record highs, while HPE shareholders gain from a sharp rally; the Nasdaq's 12‑day winning streak — its longest since July — was snapped, shifting capital toward high‑growth tech.
