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The S&P 500 (^GSPC) is pacing for a record close on Wednesday, led by a rally in the tech sector.
Information Technology (XLK), up more than 2.3%, and Communication Services (XLC), up nearly 1.4%, were the lone sectors outperforming the benchmark index.
A 10% rally in Netflix (NFLX) shares after a blowout earnings report helped lead Communication Services higher while AI enthusiasm took hold for Information Technology stocks after Trump’s first AI investment pledge.
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