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Barchart
Barchart
Rich Asplund

Stocks Rally on Strength in Technology Stocks

Alphabet Apple Google US Federal Reserve United States Boeing HSBC JPMorgan Chase Morgan Stanley Nvidia

The S&P 500 Index ($SPX) (SPY) this morning is up +1.00%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.24%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.67%. 

Stocks this morning are moderately higher, led by strength in technology stocks.  Alphabet is up more than +6% after Bloomberg reported that Apple is in talks to build Google’s Gemini AI engine into its iPhone.  Also, Tesla is up more than +2% on news that the company will raise the price of its Model Y cars in April.  In addition, Nvidia is up more than +3% after HSBC raised its price target on the stock.

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