S&P 500 and global equities hit all-time highs with bullish outlook from asset managers

Global equities, including the S&P 500, Nasdaq, and Vanguard Total World Stock Index, hit fresh all-time highs despite geopolitical risk and cautious institutional positioning. Asset managers predict international stocks will outperform in the next five years, with overweight positions in eurozone and emerging markets. U.S. Dollar and energy sector underweight, but little impact due to lackluster performance. U.S. stocks reaching all-time highs with underweight position by fund managers viewed as bullish. Technical levels suggest potential profit-taking points, with support at previous all-time high of 6,144 for SPX. Sentiment indicates unwinding of pessimism, supporting stocks, but watch for overbought conditions and upcoming events like tariff deadline and FOMC meeting.

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