Dow Jones Top Markets Headlines at 3 AM ET: The S&P 500 Hits a New Record High, Powered by Tech-and Not Much Else | German ...

The S&P 500 hit a new record high, largely driven by technology stocks, while most other U.S. shares finished lower. The rally came as investors focused on an “AI engine” in markets, even as multiple economic signals diverged. In Germany, industrial production rebounded sharply in August—the strongest pace since early 2025. The IMF’s Kristalina Georgieva warned leaders that the global economy is caught between an energy shock and an artificial-intelligence boom. Other items in the roundup included India raising rates for the first time since 2023, pending U.S. home sales falling 8.5% in September, and Canada’s August trade surplus widening ahead of fresh tariffs.