Wall Street sets more records as Big Tech leads broad gains

U.S. stocks rose to more record closes as technology shares paced broad gains across the market, with most stocks in the benchmark index advancing.

The move reinforced a familiar pattern from the previous year: heavyweight tech companies providing much of the market’s upward pull even as other sectors also contributed.

Investors continued to track corporate performance and economic signals for clues about growth and inflation as the year’s early trading set a strong tone.