Robinhood and Western Digital Surge as Tech Stocks Lift S&P 500
Robinhood Markets soared 12% to a record high after CEO Vlad Tenev highlighted the platform's milestone of 4 billion event contracts traded. The rally follows Piper Sandler's bullish price target adjustment last week, citing growth in prediction markets.
Western Digital shares climbed 9.2% amid broader tech sector strength, while Vistra Energy slumped after its Comanche Peak nuclear plant deal raised pricing concerns. The S&P 500 edged up 0.3% as investors weighed potential government shutdown risks.