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Why US markets are up: S&P 500, Nasdaq edge higher as broad gains offset tech sell-off; Middle East peace hopes in focus

US stocks saw mixed trading as the S&P 500 and Nasdaq reversed early losses. Technology shares faced pressure after disappointing investor reactions to company forecasts. Energy and consumer staples sectors led gains, offsetting the tech sell-off. Investors awaited news on a potential Middle East peace deal. Jobless claims rose slightly ahead of key employment data.

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Economic TimesLean R·1h ago
Why US markets are up: S&P 500, Nasdaq edge higher as broad gains offset tech sell-off; Middle East peace hopes in focus
US stocks saw mixed trading as the S&P 500 and Nasdaq reversed early losses. Technology shares faced pressure after disappointing investor reactions to company forecasts. Energy and consumer staples sectors led gains, offsetting the tech sell-off. Investors awaited news on a potential Middle East peace deal. Jobless claims rose slightly ahead of key employment data.
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Why US markets are up: S&P 500, Nasdaq edge higher as broad gains offset tech sell-off; Middle East peace hopes in focus

How 1 sources are covering this