S&P 500 closes at record in widespread rally

The S&P 500 rose 0.3% on Thursday, setting new intraday and closing records in the process. The Nasdaq 100 dipped 0.2% while the Russell 2000 continued its strong start to the quarter with a 0.5% advance. Bitcoin rose above $113,000, another all-time high.

Tech and communications services were the lone two S&P 500 sector ETFs to end in the red, while consumer discretionary led the way higher.

Delta’s solid earnings and good-enough outlook were a major positive for not just the stock, but the entire industry.

AMD spiked after HSBC analysts doubled their price target on the chip company, saying they underestimated the performance and pricing power of its new line of processors.

Tesla jumped after CEO Elon Musk said its robotaxi operations in Austin would expand their coverage this weekend and the service would be available in the Bay Area in a month or two.

I’m from the government and I’m here to help: MP Materials went up 50% after the Pentagon announced it was taking a large stake in the rare earths company amid on-again, off-again access to these materials from China.

WK Kellogg soared 30% after announcing it’s being acquired by Ferrero.

Circle caught a bid after a report from Bloomberg that the Jack Ma-backed Ant Group would use its stablecoin on the platform.

Vertiv, an infrastructure provider for data centers, tumbled after Amazon launched its own cooling system for AI servers.