The market generated some fireworks of its own ahead of Independence Day in the United States. Enthusiasm over the expected passage of the Trump administration’s massive spending bill and hope for more trade deals fueled a rally that brought the NASDAQ and S&P 500 to new all-time highs.
One caveat for investors is that this was a short trading week with light volume. That means any move higher or lower can be exaggerated. That may continue into next week, which will be light on economic reports and is still a week away from the start of the new earnings season.
However, markets try to get ahead of the economy, and they’re clearly seeing a lot of strong growth signs for the rest of the year. Right now, the bulls are firmly in control, and markets continue to move fast. You can count on the MarketBeat team to keep you on top of opportunities to grow your wealth. Here are some of our most popular stories from this week.
