Stock futures were advancing again Wednesday as another technology company was welcomed into the $1 trillion club.
SK Hynix followed in the footsteps of Micron to join the ranks of companies with 13-figure market caps.
Also supporting sentiment was easing oil prices. Brent crude dropped below $95 early Wednesday on enduring hopes for a resolution to the war in Iran.
"The stock market has become desensitized to headlines from Iran, and there have been many, and it knows that oil prices near $100 per barrel is likely a temporary shock rather than a new normal," Resonate Wealth Partners said.
"When stocks hit record highs, that momentum can continue, as new highs tend to point to even more new highs."
