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Financial markets react to technology earnings and oil price risks amid shifting U.S. rate expectations.
Posted inMarkets

Tech Earnings Lift U.S. Stocks as Oil Shock Threatens Rate-Cut Bets

by Oguz BuyukyildirimMay 2, 2026May 2, 2026

U.S. stocks ended higher after an earnings-heavy week. The S&P 500 and Nasdaq extended gains as investors focused on strong technology results and AI-linked spending. Reuters reported that the S&P 500 rose 0.29% on Friday. The Nasdaq gained 0.89%. Apple and software shares helped support the rally. For now, investors see technology earnings as the […]

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