Tech Earnings Push S&P 500 & Nasdaq to Record Highs
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- NASDAQ extended its longest winning streak since 1992, closing at a new all-time high on May 5, 2026.
- S&P 500 reached a fresh record high, buoyed by strong earnings from leading chip makers and broader tech sector.
- Dow futures rose as tech earnings lifted market sentiment on May 5, 2026.
Why it matters: Tech investors gain as the S&P 500 and Nasdaq break records, extending the longest winning streak since 1992; oil producers lose as prices retreat, tightening energy margins and prompting fund reallocations.