Wall Street Review: S&P 500, Nasdaq Hit New Record Highs Amid Strong Earnings

Wall Street Review: S&P 500, Nasdaq Hit New Record Highs Amid Strong Earnings

Wall Street extended its recent rally into another week, with the S&P 500 and Nasdaq reaching fresh record highs as investor focus shifted away from tensions in the Middle East and toward corporate earnings and economic fundamentals. Market participants appeared encouraged by continued consumer spending despite elevated oil prices, as well as strong earnings reports from major companies, including UnitedHealth, Boeing, and Intel, which exceeded …