The S&P 500 and Nasdaq Post Biggest Gains in Six Weeks

U.S. equities rallied as the S&P 500 and the Nasdaq Composite recorded their largest single-day advances in six weeks, driven primarily by a strong rebound in technology and artificial-intelligence-related shares. The broad-market S&P 500 gained 1.1%, while the tech-heavy Nasdaq jumped 1.7%, and the Dow Jones Industrial Average added 0.6%. The surge brought much-needed relief to market participants following an extended period of turbulence fueled by persistent inflation concerns, Federal Reserve interest-rate increases, and geopolitical tensions stemming from conflict in the Middle East. Improving sentiment across financial markets was further supported by easing pressure in fixed income and commodities markets. A two-day retreat in crude oil prices alleviated immediate inflationary fears, allowing the benchmark 10-year U.S. Treasury yield to decline to 4.946%. The stabilization in borrowing costs and energy prices provided investors with renewed confidence to re-enter risk assets, bolstering momentum across major equity benchmarks.