
S&P 500 Surges on Profits, AI Hopes; Fed Transition Looms
S&P 500 climbs for eighth week, fueled by strong profits, AI optimism, and a solid labor market. Falling oil prices and Treasury yields ease inflation fears. Fed chair transition nears.

S&P 500 climbs for eighth week, fueled by strong profits, AI optimism, and a solid labor market. Falling oil prices and Treasury yields ease inflation fears. Fed chair transition nears.

The S&P 500 shows resilience despite war-driven pressure and falling Fed rate cut expectations due to inflation risks. Oil prices fluctuated post-Trump's remarks, while Nvidia projected $1 trillion in chip orders by 2027, helping the S&P snap a four-day losing streak.