Qualcomm 15% Surge Drives S&P 500, Nasdaq To All-Time Highs On AI Optimism
This article first appeared on GuruFocus. U.S. equity benchmarks climbed Monday as investors positioned for a busy week of big-tech earnings and an upcoming Federal Reserve decision. The S&P 500 rose about 1% and the Nasdaq Composite climbed about 1.5%, according to market data. Tech heavyweights drew buying interest ahead of results. Qualcomm (NASDAQ:QCOM) surged…