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S&P 500 nears record high with 1.3% weekly gain, up 10.7% YTD in 2026.

Market News
10 Jul 2026
ETF Trends
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Neutral
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The S&P 500 index gained 1.3% last week, marking its second consecutive weekly rise and positioning it just 0.5% below its record close set on June 2, 2026. Year-to-date, the index has risen 10.7%, while the S&P Equal Weight Index has outperformed slightly with an 11.8% gain. The index remains above key technical levels, including the 50-day and 200-day moving averages, signaling continued market strength. This performance reflects steady investor confidence amid recent volatility and historical context of past market drawdowns.

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