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The S&P 500 (SPX) rose to an all-time intraday high on Tuesday, buoyed by gains in major tech stocks as investors await the Federal Reserve’s first policy meeting of 2026, due Wednesday as well as key tech earnings scheduled this week.
As of 11:43 EST, the S&P 500 index rose 0.55% to $6,988.33, while the Nasdaq Composite climbed 1%, according to data from Yahoo Finance.
Shares of major tech stocks like Apple and Microsoft were up 2%. Meta Platforms, Microsoft, as well as EV giant Tesla’s earnings are due Wednesday. Apple will report its results on Thursday.
Meanwhile, retail sentiment toward the SPDR S&P 500 ETF (SPY), an exchange-traded fund that tracks the S&P 500 Index, trended in 'extremely bearish’, and the Invesco QQQ Trust (QQQ) ETF, which tracks the Nasdaq 100 Index, remained ‘bearish,’ amid high message volumes.