Wall Street bulls are betting that a rally in US stocks has further to run, shrugging off concerns that huge gains for shares linked to AI are a sign that markets are overheating.
The S&P 500 sailed to record closing highs 11 times in May, half of all trading days, leaving the US blue-chip index up about 11 per cent this year. Tech stocks have posted even loftier gains, with the Nasdaq up 16 per cent.
First-quarter earnings blew past Wall Street expectations, leading big banks including Goldman Sachs and Morgan Stanley to raise their S&P targets for the year in recent weeks.
您已阅读12%（579字），剩余88%（4310字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。