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Tech Drives Market as Inflation Looms
Wall Street’s on fire—tech stocks are powering a record-breaking rally, with the S&P 500 hitting its seventh straight daily gain and ninth winning week in a row. Dell’s earnings surge fueled AI demand, while Microsoft and Broadcom keep the market afloat. The Nasdaq soared 8% in May alone, even as other sectors stumbled. Oil prices dipped slightly on ceasefire hopes, but inflation’s heat remains—consumer confidence’s down, profits are up, and the Fed’s stuck in a tightrope act: hold rates to fight inflation, but don’t cut them or risk fueling prices even higher. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on public reporting.Report issues to feedback@thednn.ai. View sources & latest updates:https://sources.thednn.ai/08ebe12ca22101bb
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