Crypto, tech, and software stocks rose as the S&P 500 and Nasdaq closed at record highs

Crypto, tech and software stocks rallied as traders rotated back into growth names while the S&P 500 and Nasdaq hit record highs. The S&P 500 rose 0.29% to 7,230.12 and the Nasdaq gained 0.89% to 25,114.44, with the technology sector outperforming the market (up 1.57%) as investors bought AI, cloud, security and infrastructure software names. Crypto-linked equities were generally higher — especially exchange, payments, mining and Bitcoin-holding firms — supported by a strong April for Bitcoin (up 12.7%) and rising futures demand. The piece frames the move as a concentrated tech-led rally rather than broad market strength, noting mixed performance among individual crypto miners and treasury-heavy firms.