Stocks Rise as Tech Shares Recover

Market Performance: The S&P 500, Dow Jones, and Nasdaq indices are all experiencing gains, driven by strong technology stocks and increased expectations for a December interest rate cut by the Federal Reserve.

Economic Indicators: Upcoming economic reports, including retail sales and consumer confidence, are anticipated to influence market direction, with a significant focus on the November consumer price report scheduled for December 18.

Corporate Earnings: The Q3 earnings season is concluding with 83% of S&P 500 companies exceeding forecasts, resulting in a 14.6% rise in earnings, significantly above expectations.

Stock Movements: Technology and healthcare stocks are leading the market, with notable gains in companies like Broadcom and Oscar Health, while defensive food producers are facing declines amid broader market rallies.