S&P 500, Nasdaq extend gains for second straight session ahead of Fed decision, big tech results
Bullish strength: 65/100
- S&P 500 gained 0.6% and Nasdaq Composite rose 1.2% for a second consecutive session.
- Broadcom surged as much as 4% following the announcement of $63 billion in financing tied to its technology for Anthropic.
- AMD and Micron gained between 3% and 5%.
- Markets assign a 94% probability to the Fed keeping interest rates unchanged.
Bearish strength: 35/100
- The US 10-year Treasury yield remains around 5%.
- The US Dollar Index strengthened toward 102.5.
- Investors remain concerned about major technology companies' cash flow, spending targets, and demand.
- Boeing fell 11% after cutting its full-year aircraft delivery targets.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.