The S&P 500 notched its ninth straight days of gains this week, its longest winning streak since November 2004. The index finished the week up 2.9% from the previous Friday and is now sitting 7.45% below its record close from February 19th, 2025.
Strategists at BNP Paribas have conducted another deep-dive into the past 100 years of equity-market crashes—and they're now offering an explanation that helps better frame this week's impressive rebound in U.S. stocks and Friday's aggressive Treasury selloff.
The S&P 500 was on track to rise for a ninth-straight day on Friday, its longest winning streak in more than 20 years. But more uncertainty could trigger volatility ahead.
The index has risen 14% in less than a month from the low point of its nasty decline. It's poised to make a run at a record high.
Let's find out what's in store for S&P 500 ETFs after the eighth consecutive winning sessions.
9:55am: Markets push higher Markets opened firmly higher on Friday, extending a recent rally as investors cheered strong economic data and signs of easing trade tensions. The Dow gained 336 points, or 0.8%, to 41,089.
Three major U.S. stock indexes end Thursday with gains.
Suspicions about stock market foul play have been rampant in recent weeks due to multiple strange moves observable in the intraday performance of benchmark indices such as the S&P 500.
President Donald Trump's second term has created a storm for the market. Use this tool to track the reaction to the inauguration, changing tariffs policies, and more.
The S&P 500 posted four straight days of gains this week, its longest winning streak since January. sitting 10.07% below its record close from February 19, 2025.
The S&P 500 index SPX on Thursday was able to exit correction territory, ending at least 10% above its recent low set in the wake of President Donald Trump's April 2 “liberation day” tariffs.