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Published on 6 May 2024 on Benzinga

...While Reddit Gears Up For Debut Quarterly Report - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR...

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Earnings reports and a dovish stance from the Federal Reserve lifted stocks last week. Major indices reacted positively, particularly to earnings from high-profile companies that hold significant weight in the indexes.

Tech Giants Lead Charge: Apple, Inc. AAPL and Amazon, Inc. AMZN were top performers. Apple impressed investors with a record $110 billion stock buyback plan and better-than-expected guidance for the June quarter.

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