S&P 500 ends at record high, Nasdaq hits all-time high intraday

US' S&P 500 rose over 1% to close at a fresh lifetime high while Nasdaq hit an all-time high intraday before closing shy of a record high on Thursday. The rally in both benchmark indices was aided by hope over easing inflations and gains in tech companies. US' third benchmark index Dow Jones Industrial Average closed 0.34% higher at 38,791.35.