Broader US indices on pace for solid gains this week

Investinglive
2026.05.08 15:02
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Broader US indices, including the S&P and NASDAQ, are on track for record closing levels following a strong US jobs report. The NASDAQ is up 1.26% and projected to gain 4% this week, while the S&P is up 0.80% with a 2.25% weekly gain. Notable performers include Intel, up 16.5%, and AMD, up 20.37% this week. The Russell 2000 reached a new high, and year-to-date gains are significant across major indices despite geopolitical tensions and tariffs, driven by increased productivity.