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Oracle was one of the heaviest weights on the market after analysts said they were surprised by how much the tech giant plans to spend on AI infrastructure.
The S&P 500 Has Soared 92% During This Bull Market. History Says the Stock Market Will Do This in 2026. Historically, the S&P 500 has returned an average of 184% during bull markets.
The widespread expectation is that the Fed will cut its main interest rate for a third time this year to bolster the job market.
Microsoft (NASDAQ: MSFT) has delivered solid returns in 2025, but shares remain below their 52-week high of $553.50. The stock currently trades around $479. Despite the pullback, fundamentals remain robust.
Wall Street set records, even as a sell-off for Oracle and worries about a potential bubble in artificial intelligence technology weighed on the market.