Nasdaq 100 Sets New Records, Small Caps Outperform: What's Moving Markets Thursday?
1. S&P 500 briefly reached record high of 6,300 amid strong earnings. 2. Retail sales rebounded 0.6%, exceeding expectations and boosting investor confidence. 3. Initial jobless claims fell to 221,000, indicating labor market resilience. 4. Tech sector gains led the market, with Magnificent Seven valuation at $18.4 trillion. 5. Bond yields rose, but equity markets remained steady, indicating robust performance.