POPA ReconS&P 500 BREAKS OUT, RECORD HIGH IN SIGHT
S&P 500 BREAKS OUT, RECORD HIGH IN SIGHT The S&P 500 has regained momentum, closing just 0.12% below its record high after a nearly 4% three-day rally. Mega-cap stocks are leading the advance, with the Magnificent Seven posting their strongest three-day gain since May 2025. Technically, the index has broken above a multi-month consolidation pattern, signaling buyers are back in control. A new record could open the door toward the 7,900–8,000 range, while support sits near 7,560. (@WalterBloomberg)
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