Tech led May's rally, with the S&P 500 ETF up 5% and the Nasdaq 100 ETF surging over 10% on strength in hardware and memory names. The advance broadened beyond mega-cap tech into SMID caps and international equities, especially South Korea and Taiwan, underscoring AI-driven demand with global spillover. Overall, the article signals a constructive, risk-on backdrop for technology and AI-related assets.
Tech led May's rally, with the S&P 500 ETF up 5% and the Nasdaq 100 ETF surging over 10% on strength in hardware and memory names. The advance broadened beyond mega-cap tech into SMID caps and international equities, especially South Korea and Taiwan, underscoring AI-driven demand with global spillover. Overall, the article signals a constructive, risk-on backdrop for technology and AI-related assets.
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Request DemoOverall Sentiment
moderately positive
Sentiment Score
0.62
