Wednesday’s S&P 500 index futures shook off the latest tariff noise, with bulls driving the index back toward all-time highs, crowned by NVIDIA Corp. (NASDAQ: NVDA) hitting a $4T market cap.

Overnight, bulls clawed up from a low of 6260 into the green, kicking off the regular session just below the psychological 6300 level. A buying wave at the opening bell smashed past that mark, peaking at 6315.25, but the tide shifted fast.

Just as news broke of a securities fraud class action lawsuit against Apple Inc. (NASDAQ: AAPL), bears hammered the index down from its high. The selloff was swift but halted as bulls found footing above unchanged, launching a mostly slow, steady march back up. May’s Fed meeting minutes at 2:00 PM ET revealed some members eyeing a rate cut at the next meeting, keeping wind at the bulls’ backs until the close near the day’s high at 6307.25, up 35.25 handles. 

Tomorrow brings an increasing slate of earnings reports in both the morning and evening.

Among the top components, Broadcom Inc (NASDAQ: AVGO) led the charge, surging $6.10, or 2.24%, to $277.90, marking new all-time highs.

That outpaced the cash index’s 0.60% rise by over three times.

On the other hand, Tesla Inc (NASDAQ: TSLA) flipped its recent gains, slipping $1.93, or 0.65%, to $295.88 as the biggest loser.