Wall Street Climbs as the AI Spending Cycle Shows No Sign of Cooling
Conviction Index
1,284.60
▲ 1.84%
Conviction Index, intraday — composite of the desk's highest-conviction long positions. Illustrative.
Megacap technology shares led the tape higher Tuesday as investors looked past stretched valuations and leaned into another quarter of record data-center demand. Breadth improved into midday, with industrials and financials joining the advance even as Treasury yields drifted lower.