June 27, 2026
US stocks today: S&P 500, Nasdaq boosted by chips to record closing highs; hot inflation report kills rate-cut hopes

The S&P 500 and the Nasdaq gained ground on Wednesday with a ​boost from artificial intelligence-related tech shares, which helped markets look past hotter-than-expected inflation data and the growing probability that the Federal Reserve will hold to its restrictive monetary policy for the foreseeable future.The S&P 500 and the Nasdaq reversed earlier declines to notch fresh record closing highs…
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