The positive momentum from Tuesday's 0.2% gain in the cash S&P 500 has carried over into a further 0.2% gain in futures, or 15 points. it was tech stocks that lifted the market on Tuesday led by Intel, Booking.com and Qualcomm. Nvidia was very strong early but faded to a 0.8% gain.
Looking at the S&P 500 chart, it looks like it could make a break to the upside but now is a critical moment. OpenAI is teasing another model that's better than Gemini and that kind of thing could keep the market excited about AI.
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