U.S. stocks have been rallying, bringing the S&P 500 closer to an all-time high as investors express optimism over potential Federal Reserve interest rate cuts and positive tech earnings. Despite a backdrop of mixed global markets and ongoing geopolitical tensions, the Dow and Nasdaq also climbed. The latest updates show the S&P 500 just inches away from a record close, bolstered by strong performances in the tech sector and signs of economic resilience. However, concerns linger as markets navigate recent fluctuations and look ahead to significant economic data.