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● TRACKER Updated 11d ago Β· 6 sources tracked

Stock Market Today: Nasdaq Posts Back-To-Back Gains; Tesla, SpaceX Rise As Cybercab Event Nears (Live Coverage)

The Nasdaq, S&P 500, and Dow rose sharply as a rally in Big Tech and software stocks drove Wall Street higher. This growth coincided with a decline in Treasury yields following remarks from Fed Governor Waller. While the broader market gained, Broadcom shares dipped after reporting earnings. Investors are currently balancing these gains against caution regarding interest rates and geopolitical tensions stemming from an escalation in Iran, while awaiting upcoming jobs data.

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⚑ Key Developments & Real-Time Context
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  • βœ“ The Dow, S&P 500, and Nasdaq all rose.
  • βœ“ Tech stocks led a rally on Wall Street.
  • βœ“ Treasury yields eased following remarks from Fed Governor Waller.
πŸ›‘οΈ Source Corroboration: 6 independent reporting domains (90% confidence) ⏱ Read time: ~2 min

What changed

Tech stocks and software companies led a market rally as bond yields eased following Fed Governor Waller's comments.

Live updates

  1. Nasdaq and Tech Stocks Rally as Treasury Yields Decline

    The Nasdaq, S&P 500, and Dow rose sharply as a rally in Big Tech and software stocks drove Wall Street higher. This growth coincided with a decline in Treasury yields following remarks from Fed Governor Waller. While the broader market gained, Broadcom shares dipped after reporting earnings. Investors are currently balancing these gains against caution regarding interest rates and geopolitical tensions stemming from an escalation in Iran, while awaiting upcoming jobs data.

    Why it matters

    Treasury yield movements often dictate the attractiveness of growth-oriented tech stocks. Current market volatility is tied to Federal Reserve policy signals and Middle East instability. These factors combine to create a tug-of-war between tech-led optimism and macroeconomic risk.

    What is confirmed

    • The Dow, S&P 500, and Nasdaq all rose.
    • Tech stocks led a rally on Wall Street.
    • Treasury yields eased following remarks from Fed Governor Waller.

    Still unconfirmed

    • U.S. stock futures remained flat amid caution over rates and Iran.

    What to watch next

    • Release of upcoming jobs data
    • Further remarks from Federal Reserve officials
    • Developments regarding the escalation in Iran
    Sources used for this update (6)
    1. WSJ β€” U.S. Stocks Rise as Oil Gains on Iran Escalation
    2. Investing.com β€” U.S. stock futures flat amid Iran, rate caution; Broadcom dips after earnings
    3. MarketWatch β€” Stock Market Today: Dow, S&P 500, Nasdaq rise sharply as software stocks and Big Tech rally; Treasury yields ease after Fed governor Waller's remarks
    4. Investor's Business Daily β€” Stock Market Today: Nasdaq Leads Charge As Jobs Data Looms; NetApp Tests Support (Live Coverage)
    5. AP News β€” Tech stocks lead a rally on Wall Street as bond yields ease some more
    6. www.today.com β€” Is There a Summer COVID Surge? With Cases Rising in Nearly Every State, Watch for These Symptoms
    confidence 90%
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