S&P 500 Soars as Mega-Caps Fuel Market Gains

Stock market volatility has eased, and the S&P 500 and Nasdaq 100 are hitting fresh highs after a strong week driven by mega-cap companies. CNBC reports that the S&P 500 rose 2.4% last week, adding around $850 billion in value, while the Nasdaq 100 surged 3.7%, breaking records. Tech giants like Apple and Nvidia were key drivers of this upward trend, with Apple’s investment in U.S. manufacturing contributing to its success, and Nvidia becoming a dominant force within the tech sector.