US stocks posted modest gains on Tuesday, with the S&P 500 leading the way by climbing 0.24% to a record high of 6,129.63. This advance helped ease some economic concerns that have dominated market sentiment in recent weeks.
The Dow Jones and Nasdaq saw minimal movement, rising 0.07% and 0.02%, respectively. Despite ongoing worries over persistent inflation, new tariffs, and the Federal Reserve’s reluctance to cut interest rates, the broader stock market remains resilient, building on last week’s positive momentum.
Key Market Movers to Watch
Technology stocks continue to drive market activity, with several key players showing strong performance:
- Tesla (TSLA) gained 2.28% on Wednesday, extending its recent upward trend. While it has yet to reclaim its January highs, the stock’s recent dip appears to be a temporary setback, with expectations of continued growth throughout the year.
- Apple (AAPL) has surged 7.4% since February 10, maintaining its position as the world’s most valuable company by market cap. While trading appeared flat on Tuesday, this signals stability after significant recent gains.
- Intel (INTC) soared 16% on Tuesday—its best single-day performance since 2020—following reports that Broadcom and Taiwan Semiconductor Manufacturing may be looking to split the company.
As the market navigates economic headwinds, investors will closely watch whether these trends persist and whether the bullish momentum in tech stocks continues in the coming weeks.
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