The Nasdaq and S&P 500 reached new record highs thanks to strong performances by semiconductor and megacap technology stocks. Investors are eagerly waiting for Federal Reserve chair Jerome Powell's comments for hints on future monetary policy decisions. As of 9:34 a.m. ET, Dow e-minis dipped slightly, while S&P 500 and Nasdaq 100 e-minis posted gains. This positive market momentum reflects investor confidence in the tech sector and anticipation for upcoming economic guidance from the Federal Reserve.