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Woofun AI data shows that US equity markets closed in positive territory, with the Nasdaq Composite rising 2.07%, the S&P 500 gaining 1.17%, and the Dow Jones Industrial Average increasing 0.59%. Technology shares provided the primary lift, with Apple, Microsoft, and Nvidia posting notable gains that drove the Nasdaq's advance.
The rally was supported by easing bond yields, better-than-expected corporate earnings from select technology firms, and Federal Reserve commentary suggesting a measured approach to monetary policy. Within the S&P 500, technology, communication services, and consumer discretionary sectors led gains, while defensive sectors like utilities and consumer staples lagged.