The S&P 500 notched a record-high close on Thursday, fueled by advances in Sandisk and other heavyweight technology stocks, as tame producer price inflation data supported expectations the Federal Reserve will not raise interest rates at its September meeting. Memory chip makers Sandisk (SNDK.O), and Micron Technology (MU.O), surged 13.7% and 4.2%, respectively, while Microsoft added almost 1% and Meta Platforms (META.O) rose 2.8%. Shares of AI cloud company CoreWeave (CRWV.O), dipped…
