Nasdaq All-Time Highs Earnings Rally
Strong corporate earnings and the gradual reopening of the U.S. economy are supporting the S&P 500 and Nasdaq at all-time highs.
Too little corroboration in the last 3 days to call a trend (10 articles). Watching for it to gain traction.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"Strong corporate earnings and growing AI-related investment helped sustain momentum throughout May."
"Investors' appetite has improved over the last few trades on the back of strong AI-led earnings growth."
"A strong earnings report from Cisco on Wednesday also caused the company’s stock to pop—ending 13.4% higher on Thursday."
"Tech stocks lifted the S&P 500 Index (SPX) and the Nasdaq to new record highs."
"The S&P 500 and Nasdaq Composite, closed at record highs Monday, driven by continued investment in technology and AI stocks."
"Stock indexes are soaring today, with the S&P 500 and Nasdaq 100 posting new all-time highs. A wave of blockbuster earnings results from chipmakers and AI-infrastructure stocks are propelling stocks higher today."
"Stock indexes settled higher on Tuesday, with the S&P 500 and Nasdaq 100 posting new all-time highs. The strength in technology stocks and weakness in crude oil prices supported gains in the broader market on Tuesday."
"US equity-index futures increased, suggesting that the rally that drove Wall Street gauges to all-time highs following impressive megacap tech earnings may still be ongoing."
"The Nasdaq composite was 1.1% higher."
"Weekly gains, strong chip stock performance, and the start of earnings season may support a positive open."