The S&P 500 and Nasdaq Composite have both achieved record highs, closing at unprecedented levels twice within four days. On June 5, 2024, the S&P 500 closed at an all-time high of 5354.03. By June 6, 2024, the S&P 500 hit an intraday record high, last up 0.1%. By June 10, 2024, the S&P 500 unofficially closed up 14.13 points, or 0.26%, at 5,361.12. The Nasdaq Composite also hit an intraday record high, last up 0.2%. These milestones reflect strong market performance, particularly in the technology sector, with the VIX contraction playing a significant role. The markets continue to show robust gains, signaling a positive outlook for investors.