US stocks open in the green: S&P breaches 7,000, Nasdaq climbs 0.7%

US equities advanced on Wednesday, with the S&P 500 reaching the 7,000 level for the first time, as investors positioned ahead of the Federal Reserve's interest rate decision and a slate of earnings reports from major technology companies. The benchmark index rose 0.3% and touched an intraday high of 7,002.28, marking a symbolic milestone for the market after years of gains driven largely by technology and artificial intelligence-related stocks. The index has more than doubled from its pandemic-era lows, dr ...