Major technology companies have played a pivotal role in the recent recovery of the S&P 500 index following its near-entry into bear market territory in April 2025. These large-cap tech stocks have acted as key profit drivers, helping to lift U.S. equity markets despite ongoing concerns over trade tensions and interest rate uncertainties. The S&P 500 index increased by 0.4%, supported by gains in megacap technology shares, which have helped offset broader market headwinds.