Stock Market Rally Strengthens As Nasdaq, S&P 500 Near Highs; Watch These Magnificent 7 Names

The Nasdaq Composite extended its winning streak to 10 sessions, while the S&P 500 rose for the ninth time in 10 trading days as a sharp drop in oil prices boosted sentiment. Both indices are nearing all-time highs, signaling broad risk-on momentum across U.S. equities. The move appears sentiment-driven rather than tied to new company-specific fundamentals.

Analysis

The Nasdaq Composite extended its winning streak to 10 sessions, while the S&P 500 rose for the ninth time in 10 trading days as a sharp drop in oil prices boosted sentiment. Both indices are nearing all-time highs, signaling broad risk-on momentum across U.S. equities. The move appears sentiment-driven rather than tied to new company-specific fundamentals.