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Wall Street Surges on Tech Strength: NASDAQ Jumps 1.71% as AI Infrastructure Demand Fuels Chip Stocks

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📅 May 08, 2026 · 06:01 PM EDT  |  Wall Street Daily Briefing S&P 500 7,398.93 ▲ 0.84% NASDAQ 26,247.08 ▲ 1.71% Dow Jones 49,609.16 ▲ 0.02% VIX 17.19 ▲ 0.64% Market Overview — May 08, 2026 On May 08, 2026, Wall Street saw broad gains, primarily driven by technology. The S&P 500 advanced by 0.84% to 7398.93, while the tech-heavy NASDAQ soared 1.71% to 26247.08. The Dow Jones Industrial Average posted a modest 0.02% gain, closing at 49609.16, indicating a bifurcated market rally focused on growth. Yesterday, US stocks largely climbed, with the NASDAQ leading the charge, reflecting renewed conviction in the AI growth narrative. The S&P 500 pushed further into record territory, cl...

Energy's Roar, AI's Demand: Why Futures Signal Green for the S&P 500 Tonight

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📅 May 08, 2026 · 09:09 AM EDT  |  Wall Street Daily Briefing Pre-Market Snapshot US equity futures are broadly positive, signaling a green open driven by sustained optimism in tech and energy. While Asian markets showed mixed performance with some declines, European indices also dipped, suggesting a divergence in global sentiment. This sets up a potentially robust session for US equities, with S&P 500 futures up 0.49% as investors anticipate continued growth momentum. As of May 8, 2026, US equity futures are pointing to a positive open, with the S&P 500 Futures trading at 7399.25 , marking a +0.49% gain. The tech-heavy NASDAQ Futures lead the charge, up +0.82% to 28917.0 , while Dow Futures show a respectable +0.31% increase to 49855.0 . The small-cap Russell 2000 Futures also indicate strength, rising +0.53% to 2864.1. Across Asia, sentiment was mixed; Japan's Nikkei 225 closed down -0.19% at 62713.65, and Hong Kong's Hang...