"Market Rebounds on Megacaps Boost and Earnings Focus"

Wall Street's main indexes rose as megacap growth stocks like Microsoft, Alphabet, and Nvidia advanced, while investors awaited Federal Reserve policymakers' comments on the economy's health. United Airlines gained on an upbeat Q2 profit forecast, while Travelers fell after a Q1 profit miss. First-quarter earnings season was in full swing, with United Airlines, American Airlines, Delta Air Lines, and Southwest Airlines gaining, while JB Hunt Transport Services and U.S. Bancorp dipped. Federal Reserve officials refrained from providing guidance on interest rate cuts, and market participants see a 43% chance of a rate cut in July.