US stocks: S&P 500 hits intraday record high as AI rally continues

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On Tuesday, the S&P 500 index reached an all-time high, reflecting optimism in artificial intelligence among investors. This rise was also supported by expectations of strong earnings reports from corporations in the following weeks. Additionally, the tech-heavy Nasdaq composite index was trading at record highs during the same period. Despite concerns about energy prices and volatile bond markets, major stocks continue to perform well.