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The benchmark US equity indices started on a higher note on Wednesday, with the brief pause in the six-month stock rally from the brink of a bear market swiftly met with renewed buying.

The S&P 500 edged higher on Wednesday, holding near record levels. The demand has fuelled a 35% rebound from this year's tariff-driven selloff, with periodic calls for consolidation only leading to short-lived breaks, reinforcing confidence that the bull market is far from over.

"With price-to-earnings ratios for today’s tech giants still well below those of the tech firms at the peak of the dotcom bubble, we think the bull market remains intact," said UBS Global Wealth Management's Mark Haefele to news agency Bloomber

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