US500S&P 500
7,514.8
+0.95%
SUPPORT:7377.757311.25
RESISTANCE:7510.757577.25
Past
What happened
S&P 500 gained 0.6% to 7,444, posting fresh all-time highs as tech led a broad risk-on session ahead of the Trump-Xi summit.
Why
Why it matters
The AI capex cycle is broadening — Nebius surging 684% on data center revenue shows the infrastructure buildout is accelerating beyond the Mag 7.
Watch
What to watch
US Retail Sales Thursday at 15:30 TRT and ongoing earnings from Cisco (beat on AI orders) set the tone — 7,500 is the next psychological level.
Past
What happened
S&P 500 climbed 0.95% to 7,514, printing fresh all-time highs as the AI-led tech bid extended and retail flows piled in alongside.
Why
Why it matters
Earnings beats (Cisco AI orders) plus Cerebras IPO appetite keep validating the AI capex story — the rally is broadening past Mag 7 even as breadth indicators tighten.
Watch
What to watch
Retail Sales Thursday and post-summit headlines — 7,500 is now the floor; a print above 7,540 invites a chase into 7,600, while a soft Retail print can fade gains fast.
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