Palantir

The S&P 500 and Dow advanced to record highs as falling oil prices eased inflation concerns and stronger earnings gave buyers fresh support. Caterpillar’s improved outlook and Palantir’s strength helped broaden participation beyond the biggest technology names.

Amazon’s strong move and lower oil prices helped support major stock indexes, while semiconductor weakness kept the rally uneven. Strong ISM manufacturing signals put the focus back on the Fed and Friday’s payrolls report.

SpaceX is set to enter the Nasdaq 100 after the largest IPO ever and a sharp debut rally. Recent high-profile additions such as Palantir and Strategy suggest index inclusion can coincide with volatility rather than a clean extension higher.