Stock Market Today: Nasdaq, S&P Make History; Buffett's Berkshire Reports Earnings Saturday (Live Coverage) - Investor's Business Daily
SkimNews Take
A sustained tech rally, driven by lower energy costs and a long winning streak for the Nasdaq, suggests a broader market shift favoring growth over value, even as Berkshire's earnings report looms.
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- Nasdaq continues its longest winning streak since 1992, marking a multi‑day rally that keeps the index on an upward trajectory.
- S&P 500 holds above 7,100 points, delivering its strongest monthly performance since 2020.
- Berkshire will publish earnings on Saturday, putting Buffett’s conglomerate back in the spotlight.
- Apple helps lift the S&P 500 to a fresh record as oil prices ease, supporting broader market gains.
Why it matters: Institutional investors see a 5% upside on equity portfolios as the S&P 500 hits record highs; Berkshire's earnings swing its share price by up to 3%, and cheaper oil fuels retail sales growth.
