Tech Stocks Propel S&P 500 and Nasdaq to New Heights Amid Earnings Boost
Published on: May 2, 2026, 1:35 a.m. | Source: Devdiscourse
The S&P 500 and Nasdaq achieved record closing highs driven by strong earnings and a dip in crude prices. Investors observed robust quarterly earnings growth among key technology stocks. Despite geopolitical tensions affecting energy prices, economic data showed U.S. factory growth, with investors retaining optimism for May.
