US markets today: Wall Street heads for records; S&P 500, Nasdaq rise; Oracle surges on AI contracts

Wall Street saw gains on Wednesday. A positive wholesale inflation report and Oracle’s strong growth predictions boosted market confidence. The S&P 500 aimed for a record high. Tech stocks, especially Oracle, led the rally. Oracle’s AI-driven growth forecast excited investors. The market anticipates a Federal Reserve rate cut. Overseas markets showed mixed performance. Bond yields decreased amid inflation data.