Global stocks just closed another trade Record-setting weekDriven by blockbuster AI and mega-cap tech earnings, while investors brace for crucial US jobs data and a still-cautious Fed. title story: Indices are higher on earnings strength, but markets are pricing in absolutes in both Growth and Rates.
📈What’s happening?
Index at new high. S&P 500 logs it Sixth consecutive weekly gainThe week ended about 0.7% higher and closed at a new record near 7,230, while the Nasdaq also reached record territory. So far in 2026, the S&P 500 is up by approx. 8%Nasdaq is broadly ahead 13% Thanks to the technical leadership.Earnings Season = AI Flex. Q1 earnings coming in stronger than feared: FactSet now sees S&P 500 earnings up more than 20%+ year over yearThe fastest growth since 2021, with the “Magnificent Seven” (Alphabet, NVIDIA, Amazon, Meta,…).
