S&P 500 extends longest weekly winning streak since 2023
Key takeaways
- The S&P 500 rose for its eighth straight week, marking its longest such streak since late 2023, with the Dow hitting multiple record closes amid AI enthusiasm and easing geopolitical tensions in the prior trading sessions leading into the Memorial Day holiday.
AI insight — what it means
The S&P 500 stock index rose for eight weeks straight, showing steady gains for investors who hold broad market funds. This streak was helped by excitement around AI and fewer global tensions, which can lift stock values overall.
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