Stocks rallied Wednesday after the Federal Reserve kept interest rates unchanged, as expected, while highlighting inroads against inflation. Traders also poured back into megacap tech as chip names soared.

The S&P 500 fell Tuesday, dragged lower by declines in megacap tech stocks, as investors braced for quarterly reports from names in that cohort. Traders also set their eyes on Washington as the Federal Reserve began its latest policy meeting.

The S&P 500 ticked higher Monday as Wall Street geared up for a busy week of corporate earnings and looked ahead to a key policy announcement from the U.S. central bank.

Stocks jumped Friday as Wall Street looked to cap off a turbulent week on a positive note, and investors weighed fresh U.S. inflation data.

The financial world was rocked recently with the indictment of Andrew Left, the founder of Citron Research, a firm known for its short-selling reports. This move by federal prosecutors is seen as a significant step toward curbing the controversial practice of "short and distort," where individuals or entities short a stock and then release misleading or false information to drive the price down further.

Stocks wavered Thursday as Wall Street attempted to recover from the worst session since 2022 for the S&P 500 and Nasdaq Composite.

Stocks sold off Wednesday, weighed down by underwhelming reports from two megacap tech companies, leading the S&P 500 and the Nasdaq Composite to post their worst session since 2022.

The S&P 500 hovered near the flatline Tuesday as traders readied for earnings reports from major technology behemoths.

The S&P 500 rose Monday due to a bounce in tech shares after the broad market index suffered its worst weekly loss since April last week.

Stocks retreated Friday, as Wall Street wrapped up the week defined by a rotation out of this year’s megacap winners in favor of smaller names.