Tech Giants Power S&P 500 & Nasdaq to New Records

Tech giants like Apple and AMD are driving the S&P 500 and Nasdaq to record highs, signaling a shift in market stability for investors. This surge is fueled by mega-cap stocks and a decline in overall volatility. The technology sector’s performance has been particularly strong, pushing indices towards all-time highs. The positive trend has also seen institutional investor confidence return, contributing to reduced demand for hedging strategies. This upward movement could signal an enduring rally in the stock market following recent turbulence.