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US stocks hit record highs despite high rates, geopolitics, AI turbulence
Dagens IndustriLO·US·about 21 hours ago
US equities continue to rally even as interest rates remain elevated, suggesting market resilience or a decoupling from rate expectations. The article is paywalled, so details on drivers are limited. This matters as it signals investor risk appetite persists despite a restrictive Fed stance.
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The S&P 500 and Nasdaq have reached new record highs, with the S&P 500 surpassing 7,800 for the first time. This rally is primarily driven by investor optimism in AI chipmakers and broader tech, supported by easing bond yields and expectations of strong corporate earnings. The sustainability of this rally is uncertain given persistent macro headwinds including elevated oil prices, high interest rates, and a bond market slump.