Investors continued piling into risk assets while shrugging off worries around the latest in trade developments.
Stock futures were little changed as President Donald Trump ramped up the tariffs pressure.
Wall Street saw gains during Wednesday's session as shares of Nvidia rose.
The S&P 500 ended Tuesday marginally lower after President Donald Trump said that there would be no extensions on his new Aug. 1 tariff deadline.
The major averages are coming off a choppy session as investors follow the latest trade headlines out of the White House.
Wall Street is coming off a holiday-shortened week during which the S&P 500 and Nasdaq Composite posted fresh all-time highs.
Both the S&P 500 and Nasdaq Composite reached record closes on Wednesday.
Traders began the second half of 2025 with a rotation away from tech highflyers.
Stock valuations are starting to make some investment pros nervous.
Traders head into the second half of the year with stocks at record highs but some are optimistic the market could shoot even higher in the months ahead.