Stock market has longest winning streak in 20 years, driven by individual investors
From Yahoo Finance: 2025-05-03 09:00:00
The S&P 500 Index closed out the week with its longest winning streak in over 20 years, gaining 10% in nine straight sessions. Individual investors are driving the market’s gains, despite uncertain economic data and trade tensions. While earnings have been solid, companies are hesitant to provide outlooks due to global uncertainty. Retail investors have been buying up equities, while institutional investors remain cautious. Clarity is lacking in the market, with many companies abandoning earnings forecasts. Trade tensions with China persist, with no clear resolution in sight. Soft data indicates a potential economic slowdown, causing concern among investors.
Read more at Yahoo Finance: Stock Market Bull Charges On, Question Is When It Meets the Bear
