The Nasdaq-100 gained significantly after semiconductor equipment maker ASML reported strong quarterly results and raised its full-year sales guidance before the market open. [10, 16] The positive outlook is seen as a strong indicator of sustained demand for artificial intelligence infrastructure, boosting the broader technology and chip sectors. [3, 10, 19] This news amplified positive sentiment carrying over from the previous session's cooler-than-expected June inflation data, which has reduced expectations for further Federal Reserve rate hikes. [2, 8, 15]