Tech Stocks Drive S&P 500 Higher to Mark 35th Record Close For 2025

Group 1 - The S&P 500 index closed up 1.2%, marking its 35th record close for 2025, the highest among the three major indexes [2] - The Dow Jones Industrial Average increased by 0.7%, while the Nasdaq Composite rose by 1.9% [2] - Smaller companies also saw gains, with the Russell 2000 index rising 0.3% in late afternoon trading [2] Group 2 - The market rally was driven by positive sentiment regarding a fragile trade truce between the U.S. and China, along with expectations of lower interest rates [1][2]