Stock Market Today: Equities Rise As Tech Earnings Take Spotlight
Investors are betting on strong earnings among mega-cap leaders to help sustain the equity rebound, after stocks suffered heavy losses last week.
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Investors are betting on strong earnings among mega-cap leaders to help sustain the equity rebound, after stocks suffered heavy losses last week.
Wall Street is upbeat heading into Meta Platforms' first-quarter earnings, with analysts touting its leadership in ad spending and AI initiatives.
The bank said continued "exceptionalism" from the mega-cap tech stocks could drive the S&P 500 to as high as 6,000.
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Tesla and Nvidia are fresh entrants to a group of mega-cap tech stocks dominating the US stock market today, thanks to surging investor interest in AI.