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S&P 500 Hits Record High Ahead of Megacap Earnings and Fed Meeting

Technology stocks led gains as investors positioned ahead of major corporate results and the upcoming U.S. Federal Reserve policy meeting.

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Terms & Concepts
  • Megacap stocks: Publicly traded companies with extremely large market capitalizations, often exceeding $200 billion, such as Apple or Microsoft.
  • Federal Reserve (Fed) meeting: Regular policy-setting session by the U.S. central bank, determining interest rates and economic guidance.