Wall Street mixed, S&P 500 scales fresh record high

US stock indices were mixed on Thursday, with S&P 50 edging to a fresh record high on the back of the tech sector. 

Earlier government data showed US unemployment claims down by 5 thousand to 238 thousand in the week ending June 15, while analysts expected 235 thousand. 

The tech sector was boosted by optimism that the Fed might cut interest rates more than once this year, with Nvidia surging 3.5%, and becoming the world’s most valuable company, overcoming Apple and Microsoft. 

On trading, Dow Jones rose 0.3%, or 130 points as of 17:15 GMT to 38,965, while S&P 500 rose 0.1%, or 2 points to 5489, as NASDAQ added 0.1%, or 20 points to 17,842.