The major indexes remain at or near record highs while navigating a plethora of catalysts, including earnings, economic data, tariffs, and Trump-Powell drama.

The stock market keeps climbing even though expectations for Fed rate cuts are falling. That’s not what usually happens.

The second-quarter earnings season has gotten off to a strong start this week, with 89% of the more than 75 companies on the S&P 500 that reported earnings topping earning-per-share forecasts and 79% exceeding sales estimates,

The moves come after Wall Street saw a winning session, with the S&P 500 posting fresh intraday and closing records.

With Wall Street's surge to record highs, the U.S. stock market looks nearly as expensive as ever, and investors are debating whether the lofty valuations are a bearish signal or justified by the technology-heavy market's profit outlook.

Markets on Wall Street quietly hovered at record levels before the bell Friday with most of the attention on the latest corporate earnings reports and dealmaking.

The favorite stock for four of Wall Street's most successful fund managers is the only member of the "Magnificent Seven" to have never completed a stock split.

The stock market opened slightly higher on Thursday, as investors assessed the retail sales and the jobless claims reports. The S&P 500 (SP500) was +0.3%, the Dow (DJI) +0.4%, and the Nasdaq Composite (COMP:IND) +0.

PepsiCo jumped 6.6% after delivering revenue and profit that topped Wall Street’s expectations. The drink and snack giant stood by its financial forecasts given in April, which projected lower full-year profit than previous forecasts due to increased costs from tariffs and a pullback in consumer spending.