"Tech Stocks Soar as S&P 500 Hits Record Highs: Stock Market Update"

The stock market reached record highs as the S&P 500 and Dow surged, led by tech stocks, while investors monitored the possibility of a Federal Reserve pivot. Big Tech is being watched to potentially boost the market, and the Fed's next move is being closely followed. Meanwhile, existing home sales sank to their slowest pace in 30 years, and consumer sentiment about the economy has improved. In individual stocks, iRobot shares dropped after reports of EU regulators planning to block Amazon's acquisition, while Macy's announced job cuts and store closures. Earnings from companies like Travelers and Regions Financial, as well as economic updates, are also in focus.