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Just 25% of S&P 500 stocks trade above their 50-day average, while new NYSE lows continue to outnumber highs.

The Nasdaq rose 1.8% as gains in Meta and AMD contrasted with losses across the Dow and small-cap shares.

Vanda Research data show smaller retail purchases as strategists point to tech stocks and earnings as potential supports for the market.

Goldman strategist Ben Snider sees scope for broader stock gains if fuel prices and Treasury yields ease, despite weak market breadth.

Data-center sales and customer commitments are growing, but investors are weighing lofty expectations and the risk of slower AI spending.

A sharp rally in AI-linked shares lifted the Nasdaq to a record, while an investor strategist argued the AI trade still has room to grow.

Chipmakers and Meta lifted the Nasdaq to a record close, while oil, Iran diplomacy and a coming U.S.-China summit kept investors cautious.

Shopify shares climbed after Meta’s Muse gained a route to buy from its merchants, while Amazon barred the agent from its site.

The new personal assistant reached the top of Apple’s U.S. app chart as Amazon blocked it and Shopify opened a checkout route.