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Bloomberg: Technology
· 1 min read
World NewsBloomberg: Technology
S&P 500 Hits All-Time High on AI Bets as Oil Drops
A pullback in oil prices drove stocks to all-time highs, with Wall Street also buoyed by enthusiasm about corporate resilience and the artificial-intelligence trade that has powered the bull market.
The equity advance extended into a fourth straight day, sending the S&P 500 up nearly 1% and toward its first record close since August.
Brian Belski, CEO and CIO at Humilis Investment Strategies, discusses the structural equity bull market and a little Vikings football. (Source: Bloomberg)
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