The stock market has powered through all of that in the past few months to set a new record Friday and reward investors who stayed their ground through a volatile stretch. The S&P 500 closed at an all-time high of 6,173.

U.S. stock indexes are mostly higher as Wall Street sizes up a batch of quarterly reports from companies. Delta Air Lines led a rally in airline stocks after releasing a

Wall Street indexes closed higher on Wednesday, led by the tech-heavy Nasdaq as Nvidia briefly reached a $4 trillion valuation, and Federal Reserve meeting minutes fueled hopes that inflation pressures from President Donald Trump's tariffs would not derail interest rate cuts this year.

Apollo, for one, expects just one rate cut in 2025. JPMorgan strategists forecast two. Goldman Sachs last week updated its prediction to three, starting in September, arguing that moderating growth and elevated borrowing costs will force the Fed’s hand.

U.S. stock indexes are rising as Wall Street sizes up a batch of quarterly reports from companies. Delta Air Lines led a rally in airline stocks after releasing a solid outlook for the rest of 2025. The S&P 500 rose 0.