
Major deals among tech giants and the successful Wall Street debut of SK Hynix shares boosted stock markets.
Legacy automakers are offering a broad range of choices, giving consumers more affordable options.
Steady bond prices, amid lower oil prices and a cooling labor market, have supported a rotation of investment from leading sectors into lagging sectors.
Investors directed funds into other sectors rather than pulling them out of equities altogether.
The S&P 500’s rally in the first half of this year was concentrated in AI and energy.
Crude oil dropped below $75 per barrel on June 18, helping ease fears of rising inflation.
The Federal Reserve will hold its first policy meeting under new Chair Kevin Warsh next week.
The Nasdaq Composite sank by more than 1,000 points on Friday, pushing the week down 4.68 percent.
Lower bond yields and strong tech earnings drove further gains.
Both Target and Walmart reported strong quarterly results but offered a cloudy outlook.