S&P and Nasdaq Hit Record Highs

U.S. stocks closed higher, reaching new record levels for the S&P 500 and Nasdaq indices, amid declining Treasury bond yields and stable oil prices. This has shifted investors' focus to the upcoming Q3 earnings season, set to begin next week. Earnings for S&P 500 companies are expected to increase by approximately 30.6% year-over-year, with significant gains in the energy and technology sectors. Companies such as AMD, Twent Energy, and Marvel Technologies announced positive outlooks, driven by strong demand for artificial intelligence and increased chip supplies.

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