Markets Hit New Highs As Intel Surges, Government Spending Looms

Group 1 - Intel's shares surged by 23% following Nvidia's announcement of a $5 billion investment in the company [2][7] - The Nasdaq, S&P 500, Dow Jones Industrial Average, and Russell 2000 all reached new highs, with the Nasdaq closing 0.9% higher [2][7] - FedEx reported earnings that exceeded expectations and raised its revenue growth guidance for the year to a range of 4-6% [6] Group 2 - The Trump administration is considering a $550 billion investment in manufacturing jobs, funded by a trade deal with Japan [4] - President Trump and Chinese President Xi are scheduled to discuss the future of TikTok, which has generated an estimated $15 billion in revenue for small businesses in 2023 [5] - The FTC is suing Ticketmaster and Live Nation for allegedly engaging in illegal ticket resale activities, costing consumers billions [6]