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US Indices Hit Record Highs as AI Infrastructure Spending Defies Software Sector Pullback

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Markets reached record highs fueled by AI infrastructure optimism and strong server sector earnings.
  • Despite the broader rally, software stocks declined, and Alphabet dipped on news of an $80 billion equity raise.
  • Rising inflation concerns and potential Fed hawkishness remain risks to the ongoing market momentum.
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MSFT price history

505.41 +6.63% over the displayed period

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