The S&P 500 rallies 11% YTD, driven by tech giants and easing inflation, marking its longest winning streak since February.
Key takeaways
- S&P 500 Surges to New Highs Amid Strong Market Momentum
- The S&P 500 punched through another record close Friday, clocking its longest winning streak since February and setting a new all-time high at 5,314.22. The index has ...
- Momentum accelerated in late April after the Federal Reserve signaled it was in no rush to hike rates again, calming nerves after a shaky first quarter. Since April 19...
- Wall Street’s risk appetite is back: The CBOE Volatility Index (VIX) has dropped to 12.7, its lowest level this year, while S&P 500 trading volumes beat the 20-day ave...
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Canonical source: https://mlxio.com/finance/sp-500-surges-tech-rally
