Tech Surge Powers Markets as Crypto Joins the Rally

Stocks ripped higher Tuesday as the Nasdaq and S&P 500 posted strong gains, powered by strength in AI, chipmakers, and high-growth names. Tesla, Nvidia, and SoundHound led the charge, while the Russell 2000 lagged amid broad weakness in small caps and materials. In the options market, traders piled into bullish call bets on SPY, QQQ, and TSLA, while the VIX slid to 19. Crypto joined the party, with Bitcoin and Ethereum extending their gains. Lee breaks down the day’s top movers, sector trends, and what to watch ahead of tomorrow’s key earnings and data.