The stock market experienced a significant rally, driven by strong earnings reports from major technology companies Meta and Microsoft. Both companies saw their shares soar, contributing to a $500 billion increase in market value, which propelled the S&P 500 and Nasdaq to record highs. In particular, Microsoft surpassed a market value of $4 trillion, while investor sentiment was further boosted by positive trading outcomes and potential trade deals. As the focus remains on the tech sector, upcoming earnings from other giants such as Apple and Amazon continue to draw attention.