US equity markets posted strong gains on Tuesday, fueled by a historic rally in Microsoft and double-digit percentage jumps across several key artificial intelligence stocks.
The broad-based technology surge helped lift major indices, signaling renewed investor confidence in the sector's growth trajectory.
Keith Lerner, an investment manager, told Bloomberg that the underlying bull market remains intact.
The market move comes after a period of mixed results and cautious positioning ahead of a pivotal week for corporate earnings and monetary policy.
While the Dow Jones Industrial Average had reached record levels earlier in the week, Tuesday's session was defined by the aggressive repricing of tech-heavy names, particularly those with direct exposure to AI infrastructure and software.
Keith Lerner, an investment manager, told Bloomberg that the underlying bull market remains intact.
His assessment reflects a growing sentiment among traders that the recent volatility has been absorbed and that the fundamental drivers for technology stocks remain robust.