Thursday’s S&P 500 index futures session eked out new all-time highs, though the breakthrough was slim.

Overnight, bulls defended the daily pivot area, bottoming at 6287.50 before clawing back to unchanged during the morning. The regular session opened virtually at unchanged, but sellers pounced early, dipping into the red. The decline was fleeting, as bulls regrouped and powered into the green and through the premarket high despite Trump’s 50% copper tariff declaration for August 1.

Resistance loomed at the previous all-time closing high, but bulls muscled through to a fresh peak of 6335.50, forming a double-top. Bears and profit-takers struck in the 15 minutes, but bulls held firm in the final minutes, sealing the close in the upper half of the range, capping the day at 6324.25 with a 17-handle gain

Looking ahead, Friday brings the latest monthly US federal budget numbers, and an earnings lull before next week’s earnings storm.

Among the top components, Tesla Inc (NASDAQ: TSLA) flipped its role once again, surging $13.99, or 4.73%, to $309.87 as the day’s biggest gainer.

That outpaced the cash index’s 0.28% rise by over 16 times.

On the other hand, Broadcom Inc (NASDAQ: AVGO) tanked as the biggest loser, slipping $2.50, or 0.90%, to close at $275.40.