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US Markets Wrap: Wall Street Hits New Highs as Big Tech Takes Center Stage

US Markets Wrap: Wall Street Hits New Highs as Big Tech Takes Center Stage

Published 7 months, 4 weeks ago
Description

US markets pushed into record territory overnight, with the S&P 500 and Nasdaq hitting fresh highs as investors piled back into Big Tech ahead of a crucial earnings wave. While Apple and Microsoft led gains, a sharp sell-off in UnitedHealth dragged the Dow lower, highlighting widening performance gaps across the market. With the Federal Reserve set to deliver its first rate decision of the year and heavyweight earnings from Meta, Microsoft, Tesla, and Apple coming up, Fabien Yip, Market Analyst, IG, breaks down what to watch, how earnings could shape sentiment, and why recent volatility in the dollar, yen, and Aussie dollar matters for global markets.

Produced/Presented: Ryan Huang

Image: Geralt via Pixabay

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