S&P 500 Moves Toward Record Highs; Microsoft, ServiceNow, GigaCloud In Focus

The stock market showed steady gains during Wednesday’s trading session, as major indexes approached their highest levels in either 52 weeks or all-time. The technology sector led the way, with companies like Microsoft and ServiceNow giving strong buying signals. However, GigaCloud Technology, which has seen significant growth, experienced a sudden reversal and recorded a sharp decline.