Tech Stocks Surge: S&P 500 and Nasdaq Jump as Wall Street Bets on AI Over the Fed

Tech Stocks Surge: S&P 500 and Nasdaq Jump as Wall Street Bets on AI Over the Fed

The S&P 500 and Nasdaq ended higher Friday, fueled by gains in major tech names like Nvidia and Microsoft despite renewed Fed warnings on interest rates. Investors are betting that AI-driven growth will outpace the drag of higher borrowing costs.