S&P 500 achieved a 1971-like rally, gaining in 16 of 18 weeks, marking a March stock market record, driven by AI advancements and economic recovery.
S&P 500 achieved a rally last seen in 1971, posting gains in 16 of 18 weeks, with a weekly gain of 0.9%. The index reached fresh record territory in March, marking a significant milestone for the U.S. stock market. The recent surge is attributed to hopes surrounding AI advancements and the overall economic recovery.
13 months ago
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