The S&P 500 closed at a fresh high for the ninth consecutive day amid persistent bullish sentiment despite geopolitical risks.
The S&P 500 rose for a ninth straight session, marking its longest winning streak of the year and pushing the index to another record close. Gains were broad-based, with technology and energy sectors leading the advance as investors shrugged off rising geopolitical tensions.
The rally extends a streak that began after the index rebounded from a brief pullback in early June. Analysts noted that the nine-day run matches the longest such stretch in 2024, though some caution that valuations appear stretched relative to earnings growth.
Markets showed little immediate reaction to external risks, with futures pointing to a modestly higher open in early trading.