The S&P 500 broke above 7,000 points for the first time, signalling renewed investor confidence as markets shook off recent volatility tied to President Trump's Greenland tariffs and overseas bond sell-offs. The rally, driven by a robust start to the US earnings season, saw tech giants like Microsoft, Meta, and Tesla post strong results, reinforcing belief in the sector's continued dominance. Although the index closed just shy of its record intraday high after the Fed left rates unchanged, Chair Powell's comments confirmed the US economy remains resilient, with rate cuts still likely this year. Analysts expect the earnings season to be one of the strongest since the financial crisis, helping shield equities from geopolitical noise. With AI-related investment continuing to boost productivity and profit expectations, Wall Street remains upbeat, and Goldman Sachs now sees the index hitting 7,600 by year-end. Tech stocks led gains, with Nvidia up 1.6%, supporting a broader market tone of optimism.