06/02/2026
The S&P 500 has officially closed at a new record high of 7,600.
This latest surge puts the index on pace for an impressive 10-week winning streak, the longest run of consecutive gains since 1985.
Since hitting its low on March 30, U.S. equities have mounted a powerful comeback, adding approximately $11.7 trillion in market value.
The rally has been fueled by rising investor confidence, strong corporate earnings, and continued optimism surrounding long-term growth catalysts such as AI innovation and productivity improvements.
Many investors didn’t expect such a swift recovery.
Once again, the market has demonstrated that some of its strongest advances often emerge when overall sentiment is at its weakest.
