US Stocks Surge, Tech Boosts Earnings

0:00US stocks keep climbing, with the S&P 500 of 0.2% after hitting a fresh all-time high, marking its 10th win in 11 sessions. The Dow gains 70 points or 0.1%, while the NASDAQ jumps 0.4%. This rally builds on a more than 10% surge since late March lows, sparked by optimism over a ceasefire halting nearly 7 weeks of conflict. Between Israel, the US, and Iran. Pakistan's army chief met Iran's parliament speaker to push for an extension, but strategist Warren Talks could still collapse. Investors' cheer blowout corporate earnings for early 2026, outpacing forecasts and fueling the upside. Pepsi co-climb 2.6% on stronger snack sales after price cuts, J.B. Hunt roared 8.2% higher and Marsh and McClennan rose 4.5%. Ted got a boost too from Taiwan's semiconductor's solid revenue and profits, with the man expected to stay hot.

1:00Avid dropped 6.5% despite decent results, trimming its full-year outlook, while all birds fell 27.7%. After yesterday's wild ride, overseas, Europe's and Asia's indexes mostly rose, Japan's Nikki leaping 2.4% and South Korea's Cosby 2.2%. China posted 5% growth for the first quarter, but eyes are on export risks ahead. Treasury yields tick to 4.31%, amid fewer jobless claims, as markets bet on peace-holding and profits powering through. That's the story for today. Sydney News Today, Driven by AI, I'm Cory with the Story.