Stocks looked set to extend their record-breaking run on Wednesday following earnings reports from two chip companies, while the dollar looked set to carry on sliding after comments from President Donald Trump sparked a brutal selloff for the greenback. The tech-heavy index was racking up gains after semiconductor manufacturer Texas Instruments and chip tool maker ASML both issued solid guidance, which investors took as a sign that the artificial-intelligence boom still has legs. The Federal Reserve is also set to make its latest policy decision–the central bank is widely expected to keep interest rates unchanged, but Chair Jerome Powell’s comments could give the market a better idea of whether there’ll be scope for cuts to borrowing costs later in 2026.