IQ MacKay Municipal Intermediate ETF Price & Performance (MMIT)

Technology stocks surged today as investor optimism grew over the sector's resilience to macroeconomic pressures. Analysts attribute the rally to strong earnings reports and favorable market conditions. The tech-heavy Nasdaq index saw significant gains, reflecting a renewed appetite for growth-oriented assets.1

Crude oil prices declined after reports of increased production from major oil-exporting countries. The additional supply has eased concerns about shortages, leading to a downward adjustment in prices. Market analysts are closely monitoring the impact of this development on global energy markets.

Retail sales in the U.S. exceeded expectations last month, driven by robust consumer spending on goods and services. Economists suggest this uptick could signal resilience in the economy despite inflationary pressures. The data has prompted a reassessment of growth forecasts for the first quarter.