S&P 500 Index ($SPX) Rises for 12 of Last 14 Days, Reaches New Highs Amid Negative Market Internals

The S&P 500 Index ($SPX) has shown a strong performance recently, closing higher for 12 out of the last 14 trading days. Despite this upward trend, market internals have been negative throughout the week, indicating a divergence between the index's performance and broader market conditions. The technology sector has been particularly strong, contributing to new highs in the $SPX. Analysts note that the two days when the index did not rise were only marginally lower, suggesting a robust overall market sentiment despite some underlying weaknesses.