S&P 500 and NASDAQ are up 1.48% and 2.13%, respectively, driven by broad-based gains in tech and industrials, while the VIX declines 0.81% to 15.86.
Tech and communications sectors outperform, rising 2.39% and 2.85%, respectively, while energy lags, down 2.37%, amid sector-specific rotations.
The 10Y yield falls 1.24% to 4.69, potentially supporting risk appetite, as the US Dollar Index edges up 0.03% to 99.99.
META, MSFT, and GOOGL lead the charge, rising 6.56%, 5.59%, and 5.45%, respectively, as mega-cap tech names drive market momentum.
NVDA and TSLA are on watch, having risen 3.87% and 4.14%, respectively, as traders monitor their potential to extend gains or spark broader market momentum.