Stock Market Today: S&P 500 rallies on tech strength ahead of big tech earnings

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Stock Market Today: S&P 500 rallies on tech strength ahead of big tech earnings

Investing.com-- The S&P 500 rallied on tech strength Monday, rebounding from its biggest weekly loss since March last year as investors looked ahead to quarterly earnings from big tech.rose 1.1%. The S&P 500 notched its six-straight weekly loss last week and suffered its biggest weekly loss since March 2023.

"We regard Zions stock as undervalued, as the market is too negative on its net interest income outlook," Morningstar said Monday.on the 2-year Treasury briefly topped 5%, adding to recent gains as investors looked ahead to slew of key data includingThe slew of data come as bets on rate cuts have tumbled, with just two cuts now expected, which is below the Fed's projection for two cuts. The Fed is widely expected to deliver an unchanged rate decision on May.

 

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