MGK is trading at $90.64 (+1.53%) as broad equity buying lifts growth stocks.

  • The Nasdaq Composite is up 1.35%, while the S&P 500 is up 0.95%.
  • Snowflake’s strong earnings and guidance support technology sentiment, while AI infrastructure optimism remains influential; Broadcom’s weaker guidance is limiting semiconductor gains ahead of its earnings event.
  • Investors are weighing cooling labor data, the wider trade deficit, Middle East tensions, and September 4, 2026 employment data.