Dow Record, Stocks Rise 0.8% on Tech

Wall Street indices climbed; S&P 500 up 0.8% to 7,502.53, Nasdaq 0.9% to 26,643.57, Dow 50,073.82, a record since Feb.
Cisco shares surged over 13% after announcing a $1 billion AI‑driven restructuring, cutting ~4,000 jobs and incurring $450 million Q4 charge.
Trump’s China visit boosted optimism; Nvidia up 4.4% on possible H200 AI chip sales, Boeing noted 200‑jet deal but stock fell 4.2%.
Kevin Warsh confirmed as Fed chair amid inflation concerns, while U.S. retail sales grew 0.5% MoM, slowing from March’s 1.6% rise.