S&P 500 Jumps 1.04% Amid Broad-Based Tech Rally
The US stock market showed signs of renewed strength as the S&P 500 index climbed 1.04% to 7,567.63, supported by broad-based buying across technology, communication services, and industrial sectors.
The rally was led by major companies including Meta Platforms, Boeing, Amazon, Intuitive Surgical, and Microsoft, with gains ranging from 4.61% to 5.58%.
Despite some losses in healthcare, energy, and semiconductor-related stocks, the overall market momentum remained positive, driven by improving investor sentiment and favorable economic signals.