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Benzinga
Benzinga
Business
Piero Cingari

Wall Street Sets New Records As Magnificent Seven Valuation Tops $18.5 Trillion: This Week In Markets

Wall St. Bull

Wall Street extended its historic rally this week, with major benchmarks such as the S&P 500 and the tech-heavy Nasdaq 100 hitting fresh all-time highs, as strong corporate earnings, robust economic data and AI-fueled tech momentum continued to boost investor optimism.

Big banks beat earnings estimates, setting a strong tone for the season. Airlines and consumer-focused giants also impressed.

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