Why Big Tech Just Erased the Fed Sell-Off: Thursday Market Wrap

The Thursday session closed Green. Here is why: Wall Street staged a powerful rebound as Microsoft's blowout earnings validated AI infrastructure spend, offsetting soft GDP data and Fed headwinds. 📊 The Scoreboard: 🚀 Winner: Technology (Nasdaq +2.8%), fueled by Microsoft's historic post-earnings surge. 📉 Laggard: Communication Services, dragged down by Meta's CapEx-driven pullback. 🔔 The Look Ahead: All eyes turn to mega-cap earnings from Apple and Amazon to determine if Big Tech can sustain this momentum through Friday. Content is for informational and educational purposes only. Market data may be subject to platform delays. This is not financial advice.