This news content discusses the recent performance of US equities, particularly in the Big Tech sector. The article mentions that US equities were recovering after a previous decline caused by tariffs. Meta and Alphabet were highlighted as the winners in the stock market, with Meta experiencing a record 12-session winning streak and Alphabet gaining positive momentum ahead of its earnings release. The article also mentions that the current earnings season has been fairly solid, with a significant number of companies beating analysts' expectations. However, US Big Tech is still lagging behind foreign names, with Nvidia being the worst-performing stock and Alibaba being the best-performing stock. The article also briefly mentions the decline of the CBOE Volatility Index, known as Wall Street's "fear gauge," and highlights that the uncertainty surrounding tariffs and their potential impact on global equities remains a significant concern for further corrections.



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