Major US indices, including the S&P 500 and NASDAQ 100, closed at record highs, driven almost exclusively by the technology sector.
Crude oil prices surged, with WTI and Brent both trading above $100/barrel, signaling underlying inflationary and geopolitical pressures.
Corporate earnings presented a mixed picture, with Apple forecasting strong revenue despite supply chain warnings, while Roblox and Clorox shares plummeted on weak results and guidance.
Significant single-stock volatility was observed, with Spirit Aviation shares falling over 25% amid a rescue proposal and Paramount gaining on merger news.