Stock Rally Wanes After S&P 500 Touches 5

Stock rally fades after S&P 500 reaches 5,100 mark: markets wrap

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Multiple record-breaking performances in the world’s largest equities market pushed the S&P 500 temporarily above 5,100. The “Magnificent Seven” group of megacaps underperformed, with Nvidia Corp. seeing a slight rise and its valuation hovering around $2 trillion. “The speed of the tech rally has left investors wondering whether to take profits,” stated Mark Haefele of … Read more

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