US Tech 100 Hits Record High on 13th Straight Gain

The US Tech 100 closed at a record high after its 13th consecutive daily gain—matching a streak since 1992—rising 1.5% on April 17 and 6.8% for the week. This builds on a 12-day winning streak from April 16, driven by the Strait of Hormuz reopening that eased tensions, WTI crude's $10.84 plunge (-11.4%), and strong earnings with 88% of early S&P 500 reporters beating estimates. Broader indexes hit highs too, signaling bullish momentum tempered by upcoming tech earnings risks.