Wall Street's major equity indices closed mostly higher, with the S&P 500 and Nasdaq 100 reaching new record highs, despite minor declines in their E-Mini futures. Oil prices surged over 3%, contributing to the bullish market sentiment, while stocks like Apple and Atlassian Corp. posted significant gains. Meanwhile, economic indicators showed the U.S. ISM manufacturing index remained flat at 52.7, and the ISM prices paid sub-index hit a four-year high, signaling potential inflation concerns, as rate futures reflect a strong expectation of no immediate interest rate change.
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