Tech Sector Strength Drives S&P 500 High, Bitcoin Holds Bullish Trends

Recent data from 10x Research indicates that securing attractive entry points for U.S. equities has become increasingly challenging, as the tech sector’s performance is crucial for this. The firm suggests a correction in the tech sector following this week’s earnings would be necessary to break through this trend. However, they believe such a correction is unlikely due to the companies’ ability to guide for higher AI-related capital expenditures, which investors have consistently rewarded.