June 30, 2026.The US stock market has shown a strong recovery after a prolonged series of declines. The key indices, the S&P 500 and the Nasdaq, have broken out of a five-day bearish trend, which was facilitated by the rise in the technology sector and a series of major mergers and acquisitions (M&As).

 According to CNBC, investors have once again turned their attention to the stocks of technology giants, which has catalyzed overall market optimism. The leaders of the recovery were Amazon, Alphabet, and Meta Platforms*, which have shown significant price gains. At the same time, the sector remains heterogeneous: Microsoft and Apple's stocks continue to face pressure and struggle to find a foothold for growth.

 The semiconductor sector has become a separate driver of optimism. In the afternoon, amid a general improvement in sentiment, players such as Arm Holdings, Intel, and Broadcom demonstrated strong performance, highlighting the ongoing investor interest in the chip industry.

 M&A as a market driver
Major corporate deals, centered on the investment bank Goldman Sachs, made a significant contribution to the revival of market activity. The bank confirmed its status as a key player in the M&A market by acting as the exclusive financial advisor in several multibillion-dollar deals:

The acquisition of Lhoist North America by Martin Marietta for $13.5 billion.
The sale of Bio-Techne to the German pharmaceutical giant Merck KGaA for \$11.3 billion.
A deal to buy assets from Arcosa by CRH for $8.5 billion.
Wells Fargo is also active in the investment banking segment. Despite the fact that the bank's shares have fallen by 10% since the beginning of the year, it has been actively involved in structuring the acquisition of Iridium's satellite operations by Rocket Lab.

 Analysts note that such M&A activity is an important signal for investors. "The return of large deals indicates that the corporate sector is adapting to current economic conditions and is ready for strategic expansion," the experts note.

 Against this backdrop, market participants expect that the current recovery could lay the foundation for more stable index performance in the coming quarter, provided that inflation expectations remain within the Fed's forecast range.