Nasdaq 100 Tops Records, GE Vernova Soars 13%: Stock Market Today - Apple (NASDAQ:AAPL)

Nasdaq 100 Tops Records As Iran Ceasefire Extends, GE Vernova Soars 13%: Stock Market Today Tech stocks brushed new record highs during midday Wednesday, as a fresh wave of blockbuster corporate earnings propelled mega-cap technology and speculative names higher. Across U.S. equity markets, gains were broad-based but concentrated in large-cap growth. The S&P 500 rose 0.85% to 7,123, now 25 points shy of its all-time intraday high at 7,148 set last Friday. At last check, the Dow Jones Industrial Average added over 272 points, or 0.55%, to 49,422. The Nasdaq 100 outperformed with a 1.5% advance to new records at 26,884, on pace for its best session of the week. Within Magnificent Seven stocks: The small-cap Russell 2000 lagged with a more modest 0.5% gain. WTI crude surged 3.8% to $93.06 a barrel in a counterintuitive move, as the Strait of Hormuz remained blockaded despite the diplomatic thaw and President Trump's ceasefire extension. Wednesday's Performance In Major US Indices According to the Benzinga Pro platform: AI Heavyweights Power Tech Rallyx The Technology Select Sector SPDR Fund (NYSE:XLK) led all eleven S&P 500 sectors with a 1.7% advance, pushing its month-to-date gain to 18.3%. Corporate earnings delivered a string of upside surprises. Home-products supplier Masco Corporation (NYSE:MAS) soared 12.0% after smashing Street's expectations. Wednesday's Russell 1000 Top GainersWednesday's Russell 1000 Top Losers Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.