"Tech Earnings Propel S&P 500 to Another Record High"

Big Tech stocks, including Meta Platforms and Amazon, drove the S&P 500 to a record high, while the majority of stocks fell due to concerns about a hot economy and higher bond yields. The strong jobs report raised worries about inflation and delayed interest rate cuts, leading to shifts in expectations for the timing of rate cuts. Profit reports from companies like Meta Platforms and Amazon influenced market movements, with Charter Communications experiencing a sharp decline. Meanwhile, stocks in Shanghai tumbled amid worries about economic recovery and real estate troubles.