AI Drives Record Highs in S&P 500 and Nasdaq Amid Ceasefire
Published on: May 6, 2026, 1:33 a.m. | Source: Devdiscourse
The S&P 500 and Nasdaq reached record highs due to strong AI-related performance, bolstered by a U.S.-Iran ceasefire and positive quarterly earnings. Significant contributions came from Intel and the Philadelphia SE Semiconductor index. Investors remain optimistic about continued economic growth and strong business spending throughout the year.
