From Zacks Investment Research: 2025-05-19 16:34:00

US Stocks Brush Aside Moody’s Downgrade: Despite a 1% drop after Moody’s downgrade of US debt based on the rising budget deficit, US stocks rebounded. This resilience is typical of a bull market and could signal further upside.

Late 90s Internet Precedents Mimics Present: A comparison between Netscape and ChatGPT releases showed a similar rise in the Nasdaq, suggesting a potential AI revolution. Individual AI stocks like Broadcom, Microsoft, and CoreWeave also saw strong performance.

S&P 500 Index Explodes to the Upside: Following a warming of trade tensions, the S&P 500 surged over 19% in 27 days. Historical data suggests that such a rapid rise could lead to further gains, with the market typically higher one year later in similar situations.



Read more at Zacks Investment Research: US Stocks Brush Off Moody’s, Echo Past Tech Booms – May 19, 2025