NVIDIA CORP

APPLE INC

MICROSOFT CORP

BROADCOM INC

MICRON TECHNOLOGY INC

The S&P 500 has risen 9.3% year-to-date through July 2 and could reach a target of 8250 by year-end with a 10.2% additional gain. The rally is driven by strong earnings momentum (FEMO) rather than speculative FOMO, with forward earnings at record highs and 86.2% of S&P 500 companies showing positive three-month earnings changes. Key drivers include broadening market rotation beyond mega-cap tech stocks, strong industrial demand for AI infrastructure, and moderate investor sentiment suggesting further upside potential.

6 Reasons the S&P 500 Rally Could Extend Into Year End

The Select Sector SPDR Trust - State Street Technology Select Sector SPDR ETF is an exchange traded fund launched by State Street Global Advisors, Inc. It is managed by SSGA Funds Management, Inc. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across information technology sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Technology Select Sector Index, by using full replication technique. The Select Sector SPDR Trust - State Street Technology Select Sector SPDR ETF was formed on December 16, 1998 and is domiciled in the United States.

XLK (XLK) Stock Price, Analysis & Trade Signals