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Rising oil-driven inflation hasn't stopped S&P 500's bull run, with AI and growth sectors leading.

Market News
01 Jun 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Despite inflation pressures from rising oil prices, the S&P 500 continues its bullish momentum, largely driven by strong performance in AI and growth sectors. The author remains optimistic about 2026, favoring investments in AI hardware, semiconductors, memory, and aerospace, while being cautious about software stocks. Key risks include sudden Federal Reserve policy changes, potential shifts from AI/growth stocks to lagging sectors, and inflation spikes if oil prices exceed $100. The author also reflects on lessons learned from missing recent rallies and plans to add a new growth stock to their portfolio.

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