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Tech Stocks Propel S&P and Nasdaq to Record Highs

The S&P 500 and Nasdaq indexes hit record intraday highs on Wednesday, driven primarily by technology stocks. Economic data supported expectations of Federal Reserve rate cuts. Emerging reports hinted at labor market easing and potential rate reductions. These movements were further influenced by strong performances from companies like Nvidia, Hewlett Packard Enterprise, and CrowdStrike Holdings.
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