Big Tech Earnings Set to Swing Market

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- S&P 500 holds above 7,100 points as of April 29, 2026, despite recent dips.
- Dow slipped alongside the S&P 500 as oil prices surged, signaling sector pressure.
- Fed policy lingered in the background, with markets awaiting Big Tech earnings that could tip the day's direction.
Why it matters: Investors in the S&P 500, now above 7,100 points, face heightened volatility as Big Tech earnings approach, while oil producers benefit from the price surge, potentially reshaping sector weightings.
