The S&P 500 closed at an all-time high for the ninth time this month, while the tech-heavy Nasdaq hit its 13th record July close.

US stock market continued its winning streak as the S&P 500 and Nasdaq Composite reached new record highs, driven by strong corporate earnings, booming tech stocks, and growing hopes of a Federal Reserve rate cut.

U.S. stocks rose to more records as they capped another winning week. The S&P 500 climbed 0.4% to set an all-time high for the fifth time this week. The Dow Jones Industrial Average rose 0.5%, and the Nasdaq composite added 0.

The stock market has been making fresh records, but there are risks building, including AI disappointment and a potentially weaker job market, HSBC said.

U.S. stocks are rising toward another record following a trade deal between the world’s No. 1 and No. 4 economies.

US stocks climbed on Wednesday after the US struck a trade deal with Japan, lifting hopes for further tariff pacts as Wall Street prepared for Tesla (TSLA) and Alphabet (GOOGL, GOOG) earnings after the bell.

The S&P 500 closed at a record high on Friday, soaring to its highest level since February as investors cheered a host of bullish catalysts.

Verizon Communications helped lead the way and rose 4%. The telecom giant reported a stronger profit for the latest quarter than analysts expected, along with higher revenue than forecast. Following the better-than-expected performance, Verizon raised its forecasts for profit and other financial measures for the full year.

The US stock market soared after Trump’s reelection in November on hopes his administration would unleash a pro-business boom. ... The Nasdaq records its biggest single-day decline since 2022.