S&P 500 hits fresh record high

The S&P 500 is an unstoppable machine.

The index is up 5 points to 2002 shortly after the open, narrowly breaking yesterday’s record high.

The index has risen in 10 of the past 13 sessions in a 5% rally.

S&P 500

S&P 500

When a big number breaks the conventional thinking is that you’ll get a continued pop before it eventually fades.

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