📈 Market Momentum: Tech Stocks Lead the Way

U.S. markets continued their upward trajectory on Tuesday, with the Nasdaq climbing 0.8%, the S&P 500 up 0.6%, and the Dow Jones Industrial Average rising 0.5%. This positive movement was largely driven by gains in technology stocks, notably Nvidia, which led the surge in chip stocks. The Nasdaq has now erased its losses for 2025, signaling renewed investor confidence in the tech sector. wsj.com+1spectrumlocalnews.com+1investopedia.commarketwatch.com

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🛍️ Retail Resilience: Dollar General’s Strong Performance

Dollar General’s stock surged nearly 16% after the company reported better-than-expected first-quarter earnings of $1.78 per share. The discount retailer also raised its full-year profit and revenue forecasts, though it cautioned about potential uncertainties due to tariffs and their impact on customers. zacks.comspectrumlocalnews.com

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📊 Economic Indicators: Services Sector Contracts

The U.S. services sector experienced a slight contraction in May, with the Services PMI® registering at 49.9%. This marks the first contraction since June 2024, indicating a potential slowdown in the services industry. prnewswire.com

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🌐 Global Markets: Stocks Reach New Highs

Global stocks hit record highs as investors focused on U.S. tariffs and economic data. The dollar remained steady, and traders are closely watching for further developments in trade policies and their potential impact on markets. spectrumlocalnews.com+3reuters.com+3reuters.com+3