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S&P 500 Breaches 7000 Points for the First Time, Lifted by AI ...
The S&P 500 rose 0.4% to close at a record 7,000 points, driven by tech earnings anticipation and expected Federal Reserve rate cuts later in 2026.
- On Wednesday, the S&P 500 index breached the 7,000-point mark for the first time, reaching an all-time high and extending a multi-day winning streak amid a busy Fed and earnings calendar.
- AI-Driven buying pushed AI-linked investor optimism higher, lifting Nvidia , Microsoft and Alphabet as traders priced in two 25-basis point cuts in 2026 via the CME FedWatch Tool.
- Technology stocks account for nearly 50% of the S&P 500, and analysts expect profit for S&P 500 companies to increase 15.5% in 2026 while tech profit is projected to rise about 27% with revenue growth at about 18%, LSEG data showed.
- Markets have rebounded to record highs with a nearly 45% rise since April 2025, while the Dow Jones Industrial Average fell over 400 points due to UnitedHealth's nearly 20% plunge, and the Nasdaq Composite gained 0.9%.
- Analysts and investors will watch earnings season and the March and June FOMC meetings; Jeff Leschen said it's possible for a rally continuation if AI spending boosts revenues.
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14 Articles
14 Articles
The Fed decides on the key interest rate, four of the "Magnificent Seven" provide quarterly figures: The next few days will be eventful for investors. Meanwhile, concern rises before a shutdown.
·Düsseldorf, Germany
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US stocks open in the green: S&P breaches 7,000, Nasdaq climbs 0.7%
US equities advanced on Wednesday, with the S&P 500 reaching the 7,000 level for the first time, as investors positioned ahead of the Federal Reserve’s interest rate decision and a slate of earnings reports from major technology companies. The benchmark index rose 0.3% and touched an intraday high of 7,002.28, marking a symbolic milestone for the market after years of gains driven largely by technology and artificial intelligence-related stocks.…
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Total News Sources14
Leaning Left0Leaning Right1Center4Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
C 80%
R 20%
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