The S&P 500 rose 0.42% to 7,575.39, while the Nasdaq added 0.29% to 26,281.61. Nvidia surged around 4% and Meta jumped about 6%, driving gains despite modest breadth across the broader market.
→ Earnings cascade begins next week—watch for results from Taiwan Semiconductor, Goldman Sachs, and GE Aerospace as bellwethers for sector health and AI capex trends.
→ SK Hynix momentum: Monitor whether the 14% IPO pop sustains or follows the SpaceX pattern of post-IPO pullback; chip sector breadth will be key.
→ Geopolitical volatility: Oil remains sensitive to US-Iran developments; any news on the Strait of Hormuz or ceasefire talks could reignite commodity moves and inflation concerns.