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Posted on • Originally published at mlxio.com

S&P 500 Surges 11% YTD as Tech Giants Spark Rally

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...

👉 Read the full breakdown on MLXIO

Canonical source: https://mlxio.com/finance/sp-500-surges-tech-rally

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