S&P 500 Rises on Strong Tech Earnings and Falling Oil Prices Amid Higher Inflation
The S&P 500 gained 0.50% on April 30, 2026, driven by strong earnings from major tech companies like Alphabet and Amazon, despite a hotter-than-expected inflation reading. A drop in oil prices to $100-$114 helped offset concerns, with the index up 8.5% for the month. Caterpillar also saw a 5% rise due to strong sales in power generation.
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Topics: Fed Policy Inflation Oil Prices S&P 500 Stock Market Performance Tech Earnings