Tech Stocks Propel S&P 500 to Record High

Technology stocks have significantly boosted Wall Street, with the S&P 500 and Nasdaq reaching record highs amid a mixed trading environment. The S&P 500 rose 0.2% while the Nasdaq gained 1%, primarily driven by strong performances from companies like Super Micro Computer, which surged 31% after an investigation cleared it of misconduct. The market saw optimism due to robust retail sales following Black Friday and expectations of a record-breaking Cyber Monday, alongside positive manufacturing data. However, the Dow Jones Industrial Average fell 0.3%, reflecting mixed investor sentiment. Analysts suggest that upcoming economic data, including a pivotal jobs report, could influence Federal Reserve decisions on interest rates. Despite concerns over inflation and potential policy changes under the newly elected Trump administration, the overall market sentiment remains positive as tech and retail sectors show resilience.