NEW YORK (AP) — Wall Street rolled to more records, led by a rally for technology stocks. The S&P 500 rose 0.5% Thursday. The Dow Jones Industrial Average added 0.3%, and the Nasdaq climbed 0.9%. All three set all-time highs. Nvidia was the strongest force pushing the market upward after announcing a partnership with Intel to develop products for data centers and personal computers. Intel soared to its best day since 1987. Treasury yields climbed following encouraging reports on the economy. Smaller stocks, which can benefit greatly from lower interest rates, rose sharply. The Russell 2000 index topped the all-time high it set in 2021.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.