Nasdaq Composite closed at a fresh all-time high of 20,640.33, rising 0.3% today. The move was powered by renewed strength in technology stocks, with investors brushing off trade concerns and focusing on upcoming earnings and inflation data.
Markets show resilience despite political noise
Both the S&P 500 and Dow Jones also posted modest gains around 0.1% to 0.2%, helped by stability in financials ahead of key reports from Wells Fargo, JPMorgan Chase and BlackRock later this week.
Traders seemed largely unfazed by President Trump’s fresh tariff threats, viewing them more as negotiation tactics than a true shift in economic policy. This steady backdrop continues to favor growth sectors.
Eyes turn to inflation and earnings
Markets are now looking ahead to new data on consumer prices, which could confirm the cooling inflation narrative. The next wave of earnings season, with heavyweights in banking and tech reporting, is also expected to set the tone for whether this rally can extend.
Meanwhile, Bitcoin traded near $122,000, supported by optimism over regulatory clarity emerging from Washington’s Crypto Week.