Markets carried their strong momentum from Q2 into Q3, with the S&P 500, Nasdaq, and even small-cap stocks hitting new highs. Investor sentiment remained optimistic despite soft labor market data and mixed economic signals. Concurrently, stocks traded higher due to strong corporate earnings, the Federal Reserve’s resumption of rate cuts, and easing trade tensions. The technology sector remained an important contributor, as artificial intelligence (AI) companies reported strong earnings growth and significant investment.
