The U.S. stock market surged toward new records on Thursday, bolstered by robust corporate earnings that exceeded analyst expectations, particularly from tech giant Cisco Systems.
The S&P 500 advanced 0.9%, building on its previous all-time high, while the Dow Jones Industrial Average climbed 386 points, or 0.8%, positioning it to close above the 50,000 mark for the first time since the war with Iran commenced.
