Tech Stocks Propel Nasdaq and S&P 500 to New Heights as Crude Prices Dip
Published on: May 2, 2026, 2:05 a.m. | Source: Devdiscourse
The Nasdaq and S&P 500 closed at record highs, buoyed by strong corporate earnings and lower crude prices. Analysts foresee a 27.8% earnings growth, with technology stocks leading gains. While geopolitical tensions influence energy prices, the market remains optimistic, entering a seasonally weaker period with sustained momentum.
