S&P 500 hits record high near 7,400, extending six-week winning streak.

The S&P 500 reached a new record high, approaching the 7,400 level, marking its sixth consecutive week of gains. This streak matches the longest winning run since October, with the index rising 2.3% in the past week and 8.08% year-to-date. The consistent upward trend highlights strong market momentum, signaling continued investor confidence. The S&P Equal Weight index also showed solid growth, up 6.48% year-to-date, reflecting broad market strength.