The S&P 500 has closed at an all-time high for the fifth consecutive day, marking its 36th record close this year with a 0.1% gain. This achievement comes ahead of Jerome Powell's testimony and the kickoff of the earnings season. The S&P 500 had previously achieved four consecutive record closes and has not made five since late January. Additionally, the Nasdaq Composite has recorded its sixth straight record close.
S&P500 closes at 5th consecutive all-time high, the 36th of the year. The Nasdaq closes at its sixth straight all time high.
S&P 500 NOTCHES ITS 5TH CONSECUTIVE RECORD CLOSING HIGH NASDAQ COMPOSITE MARKS 6TH STRAIGHT RECORD CLOSE HIGH - Bloomberg
The S&P 500 has closed at a new all-time high 4️⃣ days in a row. Be aware it hasn't made 5 since late January. S&P 500 up 5️⃣ days in a row and hasn't hit six since late January as well.