1. The Nasdaq set a new all-time high, driven by a surge in technology and AI stocks like NVIDIA, Micron, and AMD, alongside significant gains in crypto-related equities.
2. WTI and Brent crude oil prices surged, rising 4% and over $3 respectively, after an EIA report showed a surprise draw in fuel inventories.
3. The U.S. government is reportedly nearing a rescue deal for the bankrupt Spirit Airlines with a loan of up to $500 million, according to the Wall Street Journal.
Nasdaq Hits Record High, Oil Spikes on EIA Data, Spirit Airlines Nears Rescue Deal