Dow, S&P 500, and Nasdaq Hit Records for 5th Day

The S&P 500 eked out a gain to bring its winning streak to nine days, but this time breadth was actually solid. The Dow rose 230 points, or 0.5%. “While the rally in tech/AI seems like it will never reverse, the fact remains the breadth issue works both ways,” writes Jonathan Krinsky, BTIG’s chief market technician.