S&P 500 Reaches High Amid Market Optimism

The S&P 500 index has been on an upward trajectory, reaching new intraday highs, driven by optimism around softer U.S. inflation data, earnings reports, and tempered tariff threats from President Trump. Although the index briefly hit a new record high of 6,100 points, it pulled back slightly by the close. The market's bullish sentiment is further buoyed by strong performances from major tech stocks such as Netflix and Oracle, as well as the announcement of a significant AI infrastructure initiative involving OpenAI, SoftBank, and Oracle. However, there remains a mixed outlook as some equities have shown weakness, and broader market gains are not uniformly distributed across sectors. Additionally, President Trump’s tariff rhetoric remains a market influencer, though his recent stance appears less aggressive compared to earlier campaign promises.