Tech Stocks Power Market Higher as Investors Anticipate Big Tech Earnings

Wall Street closed the week on a positive note, driven by tech stocks surging in anticipation of upcoming earnings releases from tech giants like Microsoft, Apple, Meta, Amazon, and Alphabet. The S&P 500 and Nasdaq 100 both saw significant gains, while the Dow Jones Industrial Average experienced a slight dip. The U.S. dollar continued its upward trend, and oil prices rose due to concerns over geopolitical tensions in the Middle East.

US Stocks Surge on Monday: Nasdaq Leads with 200+ Point Gain

US markets saw a strong start to the week, with the Nasdaq Composite leading the charge with a gain of over 200 points. The Dow and S&P 500 also recorded significant increases, fueled by strong performance in consumer discretionary sectors. Notable stock movements include a surge in Sintx Technologies and Intelligent Bio Solutions, while Edgio and Pineapple Energy experienced substantial drops. The global markets saw mixed performances, with Asian markets closing mostly lower and European markets showing positive gains.

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