Tech Sector Boosts S&P 500 as Amazon Hits $2 Trillion Market Cap | Daily Market Analysis

Key events: UK - BoE Gov Bailey Speaks Eurozone - ECB's Elderson Speaks USA - Durable Goods Orders (MoM) (May) USA - GDP (QoQ) (Q1) USA - Initial Jobless Claims  The S&P 500 closed slightly higher on Wednesday, buoyed by a record surge in Amazon, which lifted the tech sector ahead of upcoming inflation data. The S&P 500 rose by 0.1%, while the NASDAQ Composite increased by 0.5%. The Dow Jones Industrial Average climbed 16 points, or 0.04%.

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Tech Surge Lifts Nasdaq Amid Inflation Watch, Dollar Strengthens on Fed Remarks | Daily Market Analysis

Key events: Eurozone - ECB's Lane Speaks USA - Building Permits USA - New Home Sales (May) USA - Crude Oil Inventories  On Tuesday, the Nasdaq surged 1%, bolstered by robust performances from Nvidia and other tech giants, while the Dow faced pressure from retail stocks. Investor focus centered on this week's pivotal inflation data, which could shape future US monetary policy decisions.

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S&P 500 Hits Record 5,500 Before Nvidia's Decline Spurs Tech Sector Pullback | Daily Market Analysis

Key events: USA - S&P Global US Manufacturing PMI (Jun) USA - S&P Global Services PMI (Jun) USA - Existing Home Sales (May) USA - Fed Monetary Policy Report The S&P 500 dipped after briefly surpassing the 5,500 milestone for the first time ever on Thursday, as Nvidia's decline dragged the broader tech sector down. The S&P 500 dropped 0.4% after hitting a record high of 5,505.23. The NASDAQ Composite decreased by 1%, while the Dow Jones Industrial Average rose by 253 points, or 0.7%.

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US Stock Futures Edge Higher Amid Low Holiday Volumes; Key Inflation Data in Focus | Daily Market Analysis

Key events: USA - FOMC Member Bowman Speaks USA - FOMC Member Mester Speaks USA - FOMC Member Kashkari Speaks USA - CB Consumer Confidence (May) USA - FOMC Member Daly Speaks US stock index futures saw a slight rise in evening trading on Monday, with the market's attention focused on upcoming key inflation data that could provide more insights on interest rates.

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Markets Rally with Record Highs as Investors Eye Key Earnings and Inflation Data | Daily Market Analysis

Key events:  New Zealand - RBNZ Interest Rate Decision UK - CPI (YoY) (Apr) USA - Existing Home Sales (Apr) USA - Crude Oil Inventories USA - FOMC Meeting Minutes The S&P 500 and Nasdaq reached record highs on Tuesday, as investors capitalized on a dip in tech stocks ahead of Nvidia's highly anticipated earnings report due Wednesday. The Dow Jones Industrial Average climbed 66 points, or 0.2%, while the S&P 500 increased by 0.3%, and the Nasdaq Composite rose by 0.2%.

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Wall Street Holds Steady Amid Inflation Anticipation; USD Strengthens as BoJ, RBA Signal Shifts | Daily Market Analysis

Key events:  UK - Unemployment Rate (Mar) UK - BoE MPC Member Pill Speaks USA - PPI (MoM) (Apr) USA - Fed Chair Powell Speaks Monday saw the S&P 500 holding steady as investors braced for a pivotal inflation report slated for later in the week, a factor poised to influence the Federal Reserve's monetary policy stance.

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Global Equities Surge to New Highs Amid Earnings Optimism and Rate Cut Speculation | Daily Market Analysis

Key events: Canada - Building Permits (MoM) (Mar) USA - FOMC Member Mester Speaks Global equities surged on Friday, driving European stocks to new record highs amid robust corporate earnings and expectations of imminent central bank interest rate cuts. Despite signs of decelerating US economic growth, the dollar managed to edge higher.

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S&P 500 Inches Up Amidst Earnings Review While Australian Dollar Plunges Post RBA Decision | Daily Market Analysis

Key events: Eurozone - European Central Bank Non-monetary Policy Meeting USA - Crude Oil Inventories USA - 10-Year Note Auction On Tuesday, the S&P 500 managed to secure a modest gain, supported by a decline in Treasury yields, as investors grappled with a multitude of corporate earnings reports, notably including disappointing subscriber growth figures from Disney.

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S&P 500 Gains, Tech Sector Leads; All Eyes on April Jobs Report | Daily Market Analysis

Key events: USA - Average Hourly Earnings (MoM) (Apr) USA - Nonfarm Payrolls (Apr) USA - Unemployment Rate (Apr) USA - S&P Global Services PMI (Apr) USA - ISM Non-Manufacturing PMI (Apr) USA - ISM Non-Manufacturing Prices (Apr) Thursday saw the S&P 500 closing on a positive note, with the tech sector leading the gains, while investors continued to analyze a multitude of corporate earnings ahead of the significant monthly jobs report scheduled for Friday.

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Tech Giants Propel S&P 500 to Best Week Since November, as Alphabet Hits Record High; Market Eyes Fed's Rate Decision | Daily Market Analysis

Key events: Eurozone - Eurogroup Meetings Eurozone - ECB's De Guindos Speak Friday saw a robust rally in the S&P 500, marking its best week since November, driven by upbeat earnings reports from tech giants Microsoft and Alphabet, reigniting investor confidence in the AI-driven tech sector. The Dow Jones Industrial Average climbed 153 points, or 0.40%, while the S&P 500 surged 1%, and the NASDAQ Composite, led by tech stocks, soared 2%. With a gain of 2.7% for the week, the S&P 500 ended a three-week losing streak.

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