{"id":49451,"date":"2025-05-14T10:02:08","date_gmt":"2025-05-14T15:02:08","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/todays-midday-market-update-sp-500-extends-gains-as-tech-rally-continues\/49451\/"},"modified":"2025-05-14T10:02:08","modified_gmt":"2025-05-14T15:02:08","slug":"todays-midday-market-update-sp-500-extends-gains-as-tech-rally-continues","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/todays-midday-market-update-sp-500-extends-gains-as-tech-rally-continues\/49451\/","title":{"rendered":"Today&#8217;s Midday Market Update: S&#038;P 500 Extends Gains as Tech Rally Continues"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/todays-midday-market-update-sp-500-extends-gains-as-tech-rally-continues\/49451\/#Major_Indexes_Continue_Upward_Momentum_on_Wednesday_May_14_2025\" >Major Indexes Continue Upward Momentum on Wednesday, May 14, 2025<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/todays-midday-market-update-sp-500-extends-gains-as-tech-rally-continues\/49451\/#Trade_Deal_and_Inflation_Data_Fuel_Market_Optimism\" >Trade Deal and Inflation Data Fuel Market Optimism<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/todays-midday-market-update-sp-500-extends-gains-as-tech-rally-continues\/49451\/#Tech_Stocks_Lead_the_Charge\" >Tech Stocks Lead the Charge<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/todays-midday-market-update-sp-500-extends-gains-as-tech-rally-continues\/49451\/#Key_Earnings_Reports_and_Economic_Events\" >Key Earnings Reports and Economic Events<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/todays-midday-market-update-sp-500-extends-gains-as-tech-rally-continues\/49451\/#Other_Market_Indicators\" >Other Market Indicators<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/todays-midday-market-update-sp-500-extends-gains-as-tech-rally-continues\/49451\/#Looking_Ahead\" >Looking Ahead<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Major_Indexes_Continue_Upward_Momentum_on_Wednesday_May_14_2025\"><\/span>Major Indexes Continue Upward Momentum on Wednesday, May 14, 2025<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The U.S. stock market continued its upward trajectory during midday trading on Wednesday, May 14, 2025, as investors build on the positive momentum from earlier this week. The <a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&#038;P 500<\/a> (^GSPC) rose 0.2%, extending its recent gains after turning positive for the year during Tuesday&#8217;s session\u2014the first time it has been in the green since early March.<cscitation citation_id=\"task_1__3\"><\/cscitation> The tech-heavy Nasdaq Composite (^IXIC) climbed 0.4%, marking its sixth consecutive day of gains, while the <a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average (^DJI) edged up 0.2% despite being weighed down by some underperforming components.<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Trade_Deal_and_Inflation_Data_Fuel_Market_Optimism\"><\/span>Trade Deal and Inflation Data Fuel Market Optimism<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This week&#8217;s rally has been largely driven by two key factors: the recent trade agreement between the U.S. and China that slashed tariffs both countries had imposed on each other, and Tuesday&#8217;s inflation report showing that the annual rate of inflation hit a four-year low in April.<cscitation citation_id=\"task_1__1\"><\/cscitation> These developments have significantly boosted investor confidence and risk appetite.<\/p>\n<p>&#8220;It&#8217;s a big risk-on sentiment at the moment,&#8221; said Lale Akoner, global market analyst at eToro. &#8220;While the structural issues between [the U.S. and China] remain unresolved, I think the signal is quite clear that neither side wants to push trade tensions further.&#8221;<cscitation citation_id=\"task_1__2\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tech_Stocks_Lead_the_Charge\"><\/span>Tech Stocks Lead the Charge<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Technology stocks continue to be the primary drivers of the market&#8217;s recovery. Nvidia (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=NVDA\">NVDA<\/a>) surged 2.78% by midday, building on yesterday&#8217;s 5% gain that briefly pushed the AI chipmaker&#8217;s market capitalization back above $3 trillion.<cscitation citation_id=\"task_1__3\"><\/cscitation> The company recently announced it would send more than 18,000 of its artificial intelligence chips to Saudi Arabia, further cementing its dominance in the AI hardware space.<cscitation citation_id=\"task_1__2\"><\/cscitation><\/p>\n<p>Other tech giants showing strength include Tesla (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=TSLA\">TSLA<\/a>), up 1.45% as it continues to recover from recent volatility, and Palantir Technologies (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=PLTR\">PLTR<\/a>), which gained 1.28% after reaching a record high on Tuesday.<cscitation citation_id=\"task_1__3\"><\/cscitation> Super Micro Computer (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=SMCI\">SMCI<\/a>) was among the day&#8217;s biggest winners, soaring 16.61% after Raymond James initiated coverage with an &#8220;outperform&#8221; rating.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Earnings_Reports_and_Economic_Events\"><\/span>Key Earnings Reports and Economic Events<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors are closely watching several notable earnings releases scheduled for today. Cisco Systems (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=CSCO\">CSCO<\/a>) will report its Q3 2025 results after market close, with analysts expecting earnings per share of $0.92 compared to $0.88 in the same quarter last year.<cscitation citation_id=\"task_2__2\"><\/cscitation> Other significant companies reporting today include Tencent Holdings (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=TCEHY\">TCEHY<\/a>), Sony Group (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=SONY\">SONY<\/a>), and Sumitomo Mitsui Financial Group (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=SMFG\">SMFG<\/a>).<cscitation citation_id=\"task_2__1\"><\/cscitation><\/p>\n<p>Market participants are also awaiting commentary from Federal Reserve officials, including San Francisco Fed President Mary Daly, for insights into the central bank&#8217;s thinking on interest rates.<cscitation citation_id=\"task_2__1\"><\/cscitation> Currently, markets are pricing in the first 0.25% rate cut in September, pushed back from previous expectations for June.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Other_Market_Indicators\"><\/span>Other Market Indicators<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The yield on the 10-year Treasury note stood at 4.48% by midday, slightly down from Tuesday&#8217;s close of 4.50%, which was its highest level in more than two months.<cscitation citation_id=\"task_1__1\"><\/cscitation> The U.S. dollar index fell 0.4% to 100.60, while <a href=\"https:\/\/stockmarketwatch.com\/metal\/gold\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">gold<\/a> futures declined 0.9% to $3,215 an ounce. West Texas Intermediate crude oil futures slipped 1.3% to $62.85 per barrel.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<p>Bitcoin remained relatively stable around $104,000, having surged above $100,000 last week for the first time since February.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Looking_Ahead\"><\/span>Looking Ahead<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As the market continues to digest the implications of the U.S.-China trade agreement and recent inflation data, investors will be watching for any signs of how these developments might affect the Federal Reserve&#8217;s monetary policy decisions. With the S&#038;P 500 now in positive territory for 2025 and the Nasdaq on a six-day winning streak, market sentiment appears cautiously optimistic, though analysts remain vigilant for potential volatility in the coming weeks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Major Indexes Continue Upward Momentum on Wednesday, May 14, 2025 The U.S. stock market continued its upward trajectory during midday [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[94],"tags":[4,29,595,633,3850,4085,4174,4280],"class_list":["post-49451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-update","tag-tsla","tag-csco","tag-smci","tag-nvda","tag-pltr","tag-tcehy","tag-sony","tag-smfg"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/49451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=49451"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/49451\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=49451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=49451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=49451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}