The stock market got back to its record-setting ways on Wednesday as a rebound in some key tech stocks helped lift the S&P 500 and Nasdaq Composite to fresh highs ahead of a major employment report.
The S&P 500 rose 0.5%. The Nasdaq Composite gained 0.9%. Both indexes marked their third record closes in the past week. The Dow Jones Industrial Average fell 11 points, or less than 0.1%.
Riskier stocks—including key AI plays—as well as small-caps and growth stocks were among the day’s top performers as traders looked to position ahead of Thursday’s jobs report.