US stock market continued its winning streak as the S&P 500 and Nasdaq Composite reached new record highs, driven by strong corporate earnings, booming tech stocks, and growing hopes of a Federal Reserve rate cut.

The S&P 500 closed at an all-time high for the ninth time this month, while the tech-heavy Nasdaq hit its 13th record July close.

The stock market has been making fresh records, but there are risks building, including AI disappointment and a potentially weaker job market, HSBC said.

US stocks close higher after strong jobs data. S&P 500 and Nasdaq reach records. Mega tax bill is likely to pass. Trump tariff deadline is next week.

The S&P 500 was virtually unchanged in midday trading and just a bit below its all-time high, even as more than four out of every five stocks within the index fell.

Wall Street retreated from record highs as investors reacted to President Trump's tariff announcements, including a potential 35% tariff on Canada. Major earnings reports are anticipated next week while Bitcoin rises alongside Nvidia's market valuation.

US stocks close mixed after the FT says Trump wants an at least 15%-20% tariff on all EU goods. S&P 500 and Nasdaq come off Nasdaq record highs.

World shares have gained after Wall Street rose to records following better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies. U.S. futures edged