Power Hour

U.S. stocks are holding onto strong gains as Wall Street enters the final hour of trading, staging a powerful reversal to snap a three-day losing streak. Investors are aggressively shaking off earlier concerns about hawkish Federal Reserve minutes, focusing instead on plunging oil prices and the final countdown to Nvidia's blockbuster earnings. 

📈 Major Indexes Entering the Close

• S&P 500 Index ($SPX): Up 66 points (+0.91%) to 7,420, trading near its highest levels of the day as bulls maintain control.
• Nasdaq Composite ($COMP): Leading the afternoon charge, up 1.32% to 26,210 as heavy buying interest floods back into mega-cap tech.
• Dow Jones Industrial Average ($DJI): Up 525 points (+1.06%) to 49,890, fully shaking off its morning sluggishness to track toward the 50,000 milestone.
• Russell 2000 ($RUT): Gaining a massive +1.85% as a dramatic relief rally sweeps through small-cap names. 

₿ Bitcoin Power Hour Check

• Bitcoin (BTC): Changing hands at $77,390, up 1.41% on the day.
• Firm Momentum: Digital assets are benefiting from the broad return to risk-on market sentiment, successfully keeping the benchmark token well insulated above the critical $76,000 monthly support zone.

⚡ Late-Day Market Drivers

• Plunging Energy Costs: Crude oil prices fell sharply, with WTI dropping beneath $101.50 per barrel. Optimism over a potential diplomatic resolution to the Middle East conflict has drastically lowered near-term inflation anxieties.
• Fed Minutes Digested: The market quickly absorbed a highly divided and hawkish set of April FOMC minutes. Despite multiple officials warning that interest rate hikes remain on the table if inflation stays sticky, a simultaneous drop in 30-year Treasury yields provided equity markets a major sigh of relief.
• The Nvidia Blackout: Trading desks are bracing for unprecedented volatility at the sound of the closing bell. Shares of Nvidia (NVDA) are trading up 2.1% at $225.20 as investors prepare for an estimated 4:00 PM ET earnings release that options markets predict could spark a $355 billion value swing. 

The closing bell is less than an hour away. Would you like a Flash Notification delivered the exact second the Nvidia Earnings Report hits the wire, or should we prepare a comprehensive After-Hours Market Recap for you?

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