Tech Stocks Drive Stock Market Higher Amidst Global Tariffs & Fed Concerns

The stock market experienced a resurgence this week, fueled by a surge in tech stocks. Alphabet led the charge with a remarkable 9% jump following a favorable court ruling in its antitrust case, offering investors reassurance that one of the biggest names on the NASDAQ can withstand regulatory scrutiny. Apple also benefitted from this positive momentum, further strengthening the rally. However, while the NASDAQ and S&P 500 rallied, the Dow Jones Industrial Average lagged behind as banks and energy sectors experienced some declines. This disparity highlights tech’s dominant impact on U.S. equities, while traditional sectors face ongoing pressure.