US Stocks Hit Record Highs Despite Economic Uncertainty

Stock markets in the US and India continued to break records, with the S&P 500, Nasdaq, Dow Jones, Sensex, and Nifty reaching new highs. Investors are drawn to technology stocks and generative AI projects, impacting companies like Nvidia and Accenture positively. Market reactions are influenced by economic indicators, including unemployment benefits, Fed rate cut speculations, manufacturing growth, and housing market data. Amid hints of a slowing economy, the Federal Reserve may consider rate cuts, reflecting concerns about household spending and inflation. Companies like Lennar and Fisker face challenges, while others like La-Z-Boy and Silk Road Medical see stock fluctuations based on quarterly performances and market dynamics.