"Market Soars to New Heights: What's Driving the Record-Breaking Rally?"
The stock market hit record highs last week, led by big tech companies, with the S&P 500 and Dow Jones reaching all-time peaks and the Nasdaq at a two-year high. Market breadth has been lackluster in 2024, but market leadership remains strong, with many stocks flashing buy signals. Investors are advised to gradually add exposure, but should be cautious as earnings season approaches. Key companies reporting earnings this week include Tesla, ServiceNow, Netflix, Intel, ASML, and others. The market rally is led by tech and some other leaders, with new buying opportunities emerging, but investors should be mindful of not buying extended and be prepared for potential high expectations during earnings season.
- Dow Jones, S&P 500 Hit Record Highs As Leading Stocks Run; Tesla, Netflix Earnings Due Investor's Business Daily
- Stocks Climb to Record, Lifted by Big Tech and Rate Cut Hopes The New York Times
- S&P 500 hits new record high amid signs of easing US economic gloom The Guardian
- This record-breaking market just keeps going higher and higher. Here's why CNBC
- S&P 500: Don't Let Valuations, New Record Worry You Bloomberg
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