The US stock market continued its upward trajectory on Tuesday, with the S&P 500 index climbing near record highs as technology stocks led the charge. The benchmark index for large-cap US companies demonstrated remarkable resilience and upward momentum throughout the trading day, driven by gains in the technology sector. This sector's influence on the market's performance cannot be overstated, as investors eagerly await earnings releases from major tech companies this week, seeking insights into the sector's health and future prospects.

These reports are viewed as crucial indicators of overall economic strength, given the significant weight the technology sector holds within the S&P 500 and the broader market. The Federal Reserve's interest-rate decision, scheduled for later this week, is also a key focus for investors. The central bank's monetary policy decisions have a significant impact on borrowing costs and overall market sentiment. Analysts are closely monitoring signals from the Fed regarding future interest rate adjustments, with expectations influencing investment strategies.

The market's advance on Tuesday reflects ongoing investor confidence despite economic uncertainties and geopolitical risks. The S&P 500's proximity to its record high underscores the market's ability to withstand these challenges and maintain a positive trajectory. The performance of technology stocks, combined with the anticipation surrounding the Fed's decision, has contributed to a cautiously optimistic outlook for the near term.