The Nasdaq 100 and S&P 500 have achieved record closing highs, driven by rallies in technology stocks, particularly Apple and Microsoft. The Nasdaq 100 extended its gains to 1%, marking its sixth consecutive record high, while the S&P 500 rose 0.8%, reaching its 30th record close of 2024. The Dow Jones also ended up nearly 200 points, snapping a four-day losing streak. Enthusiasm over artificial intelligence and anticipation of upcoming economic data and Federal Reserve speeches contributed to the market's positive performance. Despite the overall gains, many Nasdaq 100 stocks are lagging, falling to monthly, quarterly, or yearly lows and below their 10-, 50-, and 200-day moving averages.