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S&P 500, Nasdaq extend gains for second straight session ahead of Fed decision, big tech results

Grade Abullish AI signal$SPX$IXIC$AVGO$AMD$MU$DJI$BA$DXY
The S&P 500 and Nasdaq extended gains for a second straight session, rising 0.6% and 1.2%, respectively, as chipmakers led Wall Street higher ahead of the Fed decision and major tech earnings. Broadcom surged as much as 4% after banks announced $63 billion in financing tied to purchasing its technology for Anthropic, while AMD and Micron gained 3% to 5%; markets are pricing in a 94% probability of unchanged Fed rates. Upcoming Fed commentary and results from Alphabet and Microsoft could intensify volatility as investors assess rate expectations, AI-related spending, cash flow, and technology demand.

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.

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