The S&P 500 has climbed to new heights, closing above the 6,400 mark for the first time and marking its 16th all-time high of the year.
What Happened: This persistent rally, coming after a record-setting 57 all-time highs in 2024, is being propelled by a combination of a robust job market and growing expectations of a Federal Reserve rate cut. According to market experts, the index is continuing its upward trajectory despite a “wall of worry” that includes concerns over tariffs, inflation, and high valuations.
