NASDAQ Leads U.S. Equity Rally with 8.3% Weekly Gain as Tech Stocks Surge
U.S. equities staged a robust recovery after a shaky start to the week, with the S&P 500 and Dow Jones Industrial Average notching four consecutive days of gains. The NASDAQ outperformed, posting its strongest weekly advance since early 2024—a 8.3% surge fueled by growth stocks and AI-related investments.
Market sentiment improved amid Optimism around potential trade negotiations and tariff developments, though geopolitical uncertainties linger. Tech giants led the charge, underscoring the sector’s resilience even as investors brace for a critical earnings season.
President Trump’s planned attendance at Pope Francis’ funeral in Rome adds a diplomatic dimension, with potential side discussions among global leaders that could influence market trajectories.
