(Bloomberg) — The technology sector helped push U.S. stocks higher for a second day while the dollar strengthened and benchmark Treasury yields retreated from the most since March.The tech-heavy Nasdaq 100 outperformed the benchmark S&P 500, with Intel Corp. and Apple Inc. leading the gains. Intel jumped as much as 13% after the chipmaker named a new chief executive. Rival Advanced Micro Devices Inc. fell. The materials and energy sectors weighed on the S&P, with utilities and real estate rising.“Investors continue to focus on growing expectations for increased fiscal spending and promising economic prospects as the vaccine rolls out later this year,” said Ryan Nauman, market strategist at Informa Financial Intelligence’s Zephyr. “It’s all about resiliency here right now and equity markets continue to overlook and not be phased by all the chaos that’s out there.”In Europe, European Central Bank council member Francois Villeroy de Galhau said the ECB will keep an easy stance for as long as needed, and U.S. investors took comfort from remarks by two Federal Reserve officials that pushed back on the possibility of tapering bond purchases anytime soon.Federal Reserve Bank of St. Louis President James Bullard said getting through the pandemic remains the policy priority, a sentiment that was echoed by Boston Fed chief Eric Rosengren. That eased concern that the Fed might be headed for a repeat of the so-called taper tantrum in 2013, when the withdrawal of monetary stimulus unleashed volatility across financial markets.“Coordinated comments from Fed governors” are helping to deflate bond yields, said Deutsche Bank AG strategists including Jim Reid in a note to clients. “We’ve only had seven business days this year and we’ve already had a full 360-degree tapering debate played out by the Fed.”Europe’s Stoxx 600 was flat, with losses in banks and travel shares outweighing M&A announcements. Among the day’s winners, French grocer Carrefour SA rallied 15% after Alimentation Couche-Tard Inc., the convenience-store giant that owns the Circle K chain, said it’s exploring a transaction.In Japan, the Nikkei 225 outperformed, reaching a record in dollar terms. Equities also ticked up in South Korea, while Hong Kong shares were flat.Oil futures in New York fluctuated after almost reaching $54 a barrel. The combination of an industry report pointing to another decrease in U.S. crude stockpiles, Saudi Arabia’s output cuts and a weaker dollar are all driving the run up in energy prices.Here are some key events coming up:JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. are among firms due to report earnings.U.S. President-elect Joe Biden plans to lay out proposals for fiscal support on Thursday.Federal Reserve Chairman Jerome Powell takes part in a webinar on Thursday.U.S. initial jobless claims data are due Thursday.U.S. retail sales, industrial production, business inventories and consumer sentiment figures are due Friday.These are some of the main moves in markets:For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.