AI-Fueled Melt-Up Sparks Broad Market Rally
The S&P 500 has recovered to about a 9% gain in 2026 as AI optimism and improving earnings lift stocks, with outsized one-year rallies in semiconductors and a surge in South Korea’s market; the piece frames this as a melt-up driven by fundamentals and momentum that could push markets higher even before a full AI-driven phase materializes.
