25 Oct 2025 | 5 Mins Read
S&P 500 reaches record high on inflation data and tech boost
Flipitmoney
US stocks surged to a new high, with the S&P 500 Index rising 1%, after softer-than-expected inflation data fueled hopes of Federal Reserve interest-rate cuts. Technology giants including Nvidia Corp., Broadcom Inc., and Alphabet Inc. led gains, while consumer prices excluding food and energy rose only 0.2% in September, the slowest pace in three months.