- The S&P 500 rose 0.4% on Friday, marking its fifth consecutive record close. The recent rally is fueled by strong earnings and positive trade developments, easing investor concerns about the economy slowing down.
- The S&P 500 hit a new high at 6,338.64 points, recording its 14th record close of the year. After a rough April, the index has rebounded and is on a winning streak, surpassing 6,300 for the first time this week.
- The second-quarter earnings season has been impressive, with 80% of S&P 500 companies surpassing estimates. Trump’s upcoming trade talks with European leaders and finalized deals with other countries have boosted market optimism.
- Adobe Inc., Microsoft Corporation, Amazon.com, Inc., and Meta Platforms, Inc. are S&P 500 stocks with strong growth potential in 2025. These companies have positive earnings growth rates and Zacks Rank #1 or 2.
- Zacks experts have identified 5 stocks set to double, including disruptive forces, compelling investments, and leaders in red-hot industries. These picks offer the opportunity for significant gains, with previous recommendations soaring up to +232%. Download the report for free for more details.
Read more at Nasdaq: 4 Must-Buy Stocks as S&P 500 Continues to Reach New Milestones