S&P 500 clears 7,000 on a rapid rebound, but breadth and earnings will decide the next leg
TL;DR
The S&P 500 surged above 7,000 in a fast rebound led by financials, signaling strong near-term momentum even as breadth remained narrow and the Magnificent Seven lagged; earnings results and broader participation will determine whether the rally can continue, with banks beating expectations and earnings season beginning serving as the next test.
- The S&P 500 blows past 7,000 in an epic comeback rally. Here’s why it can keep going. MarketWatch
- S&P 500 at 7,000: 7 investing rules you must now live by Yahoo Finance
- Stock market bulls see signs rally could endure after S&P 500 back at highs Reuters
- Short Squeeze Turbocharges Equity Rally as Riskiest Stocks Soar Bloomberg.com
- Earnings poised to stoke confidence in a stock market that has rebounded to all-time highs. Here's what's ahead CNBC
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