"Tech Stocks Surge as Chipmakers Lead Market Rally"

Stocks climbed on Friday, with the S&P 500 aiming for a record high, driven by a tech-led rally and optimism about the economy. The Nasdaq Composite jumped 0.5%, while the S&P 500 and Dow Jones Industrial Average gained 0.3%. Consumer sentiment about the US economy reached its highest level since July 2021, according to the University of Michigan survey. Ford announced a cut in production for its F-150 Lightning electric truck due to lower-than-expected demand, reflecting a broader trend of skepticism in the auto industry.