S&P 500, Nasdaq scale record highs as Nvidia lengthens its lead
), while investors assessed recent economic data and commentary from Federal Reserve officials to gauge the timing of interest-rate cuts this year.
The energy sector was the top S&P 500 gainer, up 1.5% after oil futures hit seven-week highs, while real estate was the worst hit. "I think the Fed is going to need to see a bit more, either conclusive or reaffirming data that the economy has potential to slow down. I don't think we're seeing it just yet."
Trump Media & Technology Group tumbled 12.4% on potential equity dilution after the U.S. Securities and Exchange Commission declared effective the company's filing for a resale of certain shares and warrants, giving it about $247 million in proceeds.
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