Tech giants Tesla, Nvidia, and Microsoft signal a bullish market open as investors embrace renewed risk appetite and positive economic sentiment following the Federal Reserve's policy update.
NVIDIA is up about $5 in pre-market trading, crossing out of oversold conditions and above $215, supporting a bullish AI-driven move.
Tesla is expected to jump at the open as risk appetite returns after the Fed, with the 200-day EMA at $379.11 acting as resistance.
Microsoft is set to open about $5 higher, holding support near $477.31 while approaching the $515 barrier with buyers returning.
Major tech stocks including Tesla, Nvidia, and Microsoft are poised for gains at Thursday's open as market risk appetite improves following the Federal Reserve's latest interest rate decision. Investors are rotating back into growth names, with technical indicators suggesting renewed momentum for the AI-driven sector.
The rally is driven by a return of risk appetite as investors react to the Federal Reserve's commentary on the surprising strength of the U.S. economy.