Tech stocks supported the broader market, with the $S&P 500 Index(.SPX.US)$ and $Nasdaq Composite Index(.IXIC.US)$ rising for the second consecutive day. $Tesla(TSLA.US)$ led tech giants with a 4.8% increase, while $Amazon(AMZN.US)$surged 3.9% to a record high, breaking the $2 trillion market cap for the first time. $NVIDIA(NVDA.US)$ , which was down 2.8% intraday, managed to close in the green. $Microsoft(MSFT.US)$hit new highs for two days, despite underwhelming reven...

The rebound in the US stock market continued for a second day. 6 out of the Mag 7 rose, with Amazon hitting all time high.
On a side note, don’t forget PCE inflation data will be out on Friday, and there will be rebalancing of portfolios from fund managers on the last day of the quarter, month, and first half of the year. Hence, expect high volatility.
$Tesla(TSLA.US)$ $Microsoft(MSFT.US)$ $Amazon(AMZN.US)$ $Palantir(PLTR.US)$ $GameStop(GME.US)$ $Apple(AAPL.US)$ $Meta Platforms(META.US)$ $Arm Holdings(ARM.US)$ $Taiwan Semiconductor(TSM.US)$   ...