🔺S&P 500 hits 9-day winning streak — the longest in 20 years
As of May 3, 2025, the S&P 500 stands at $5,686, capping off nine consecutive days of gains — a record not seen in two decades. The rally follows a sharp correction triggered by former President Trump’s tariff announcement earlier this year.
What’s remarkable is the speed of the recovery. The index has nearly returned to its six-month highs, reflecting renewed investor confidence and the market’s ability to absorb geopolitical shocks.
This momentum also highlights how markets increasingly price in macro events with agility, often separating political noise from long-term fundamentals.
With tokenization, AI adoption, and soft landing hopes in the background, the S&P’s surge raises a key question:
Is this the start of a new bull cycle — or just a calm before the next storm?