S&P500 Hits Record High of 7,173; Big Tech Earnings and FOMC Week Ahead

The S&P500 rose 0.12% to 7,173.91 on the 27th, marking another all-time high alongside Nasdaq. Microsoft, Meta, Alphabet, and Amazon report earnings Wednesday; Apple reports Thursday. The FOMC meeting on the 29th held the benchmark rate at 3.5%-3.75%, with four dissenting votes favoring a rate cut, reflecting a hawkish hold.