2 PM Market Flash: Fed Bowman Speech | S&P Global Composite PMI Final — Actual: 51.7 (Est: 52) | Avista targets May 31 data center MOU whil
US stocks are pushing higher with the SPX trading at 7266.34, up 1.79 percent on the day as the VIX falls to 17.29, down 3.68 percent. Nasdaq has hit a fresh record high driven by surging AI chip stocks like Intel amid solid quarterly earnings and the US-Iran ceasefire holding despite an exchange of fire. In the US market the S and P Global Composite PMI final came in at 51.7 missing the estimate of 52 but still above the prior 50.3. Bitcoin is trading at 81,405, up 1.3 percent over the past 24 hours.
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