
Breakfast | S&P and Nasdaq Hit New Highs, Tesla Drops Over 2% After Hours Following Earnings

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Strong corporate earnings combined with Trump's brief extension of the ceasefire deal pushed US major indices higher, with the S&P 500 and Nasdaq reaching record highs, led by tech stocks. The Philadelphia Semiconductor Index rose about 2.7%, marking its longest winning streak on record at 16 consecutive trading days. After hours, Tesla initially jumped 4% but later fell over 2%; Texas Instruments surged 10%, while software giant ServiceNow plummeted over 13%, dragging down the SaaS sector, and IBM dropped more than 6%
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