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<p>Wall Street closed mixed, with defense stocks rising after President Trump proposed a $1.5 trillion military budget, while tech stocks like Nvidia and Microsoft dipped. The S&P 500 lost 0.00% to 6,920.89, and the Nasdaq fell 0.44%. Ford shares surged after an upgrade from Piper Sandler. Investors are cautious about AI stocks, seeking evidence of profitability. The jobless claims rose moderately, and traders await the nonfarm payrolls report. Fitch raised its U.S. growth outlook, predicting GDP growth of 2.1% in 2025 and 2.0% in 2026.</p>

- Wall Street ended mixed, with defense stocks rising after President Trump proposed a $1.5 trillion military budget, significantly higher than the previous year's allocation.  
- Technology stocks, including Nvidia and Broadcom, experienced declines as investors became cautious about AI-related valuations, while Ford gained after an analyst upgrade.  
- The S&P 500 rose marginally by 0.01%, while the Nasdaq fell 0.44%, and the Dow increased by 0.55%, amidst heavy trading volume and approaching earnings season.

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