Weekly Market Commentary: Equities Continue to Gain, Powered by Tech Strength
05/11/26
Sunflower Bank Weekly Market Commentary: May 11, 2026
Each week, our Wealth Management team analyzes the U.S. stock market and bond market activity and news of the previous week, summarizing their findings into a weekly market update report. The key points of this week's commentary, "Equities Continue to Gain, Powered by Tech Strength," include:
- Equities ended the week higher, propelled by strong performance in the technology sector. The S&P 500 rose +2.4% and the Nasdaq 100 gained +5.5%.
- Technology stocks have been on an impressive run the last few weeks. The Nasdaq 100 Index, which is heavily weighted towards technology companies, has posted a weekly increase of +5% or more twice in the last four weeks. Earnings for companies participating in the artificial intelligence buildout continue to beat expectations and forward-looking estimates for those companies are being revised higher.
- First quarter earnings season has exceeded even the most bullish expectations. With more than 80% of S&P 500 constituents having reported, analysts expect combined EPS for companies in the Index to grow +28% year-over-year.
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This article contains general information only. Sunflower Bank, N.A. is not, by means of this article, rendering accounting, financial, investment, legal, tax, or other professional advice or services. This article is not a substitute for such professional advice or services, before making any decisions related to these matters, you should consult a qualified professional advisor.