AK News S&P 500, Nasdaq end higher as tech strength outweighs Fed concerns

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S&P 500, Nasdaq end higher as tech strength outweighs Fed concerns

Published on: Oct. 9, 2025, 7:32 a.m. | Source: The Economic Times

Technology shares propelled U.S. stocks to record highs, led by AI megacaps, as investors awaited Federal Reserve minutes for interest rate clues amid a government shutdown. Chip stocks outperformed, while gold prices surged due to geopolitical uncertainty. The Fed minutes revealed a divided committee on rate cuts.

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