S&P 500 hits record high as tech stocks rally

S&P 500 hits record high as tech stocks rally

The S&P 500 reached an intraday record high on Thursday, driven by technology stocks and a drop in crude prices. Softer-than-expected producer price inflation data boosted hopes that the Fed will hold rates steady. The Dow and Nasdaq also rose, with Dell and HP gaining after Lenovo's strong earnings.

Source: Reuters

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