The S&P 500 climbed Wednesday to a fresh record, breaking above 5,600 for the first time, as investors awaited a key U.S. inflation report.
The Dow Jones Industrials recovered 166.92 points to roll into noon hour at 39,458.57.
The much-broader index gained 30.52 points to 5,607.50, reaching a fresh record high and on track for its seventh straight day of gains.
The NASDAQ climbed 141.44 points to 18,570.73, also hitting an all-time high.
Artificial intelligence favorite Nvidia climbed 2% and helped lift chipmakers such as AMD and Broadcom higher. Shares of Apple inched 1% higher after overtaking Microsoft as the most valuable company.
Prices for the 10-year Treasury edged higher, lowering yields to 4.28% from Thursday’s 4.29%. Treasury prices and yields move in opposite directions.
Oil prices gained $1.03 at $82.44 U.S. a barrel.
Gold prices bounced $17.20 to $2,385.10