S&P 500 Record and Bull Market Longevity
S&P 500 hit record 7,757 but is pulling back on oil/rate surge ahead of CPI. JPMorgan raised target to 8,000 on AI earnings conversion (50.4% earnings growth, 86% beat rate). Follow-through day confirms rally, but FOMO-driven speculation and pullback add contrarian risk. Historical bull market longevity supports room to run.
Sources (4)
Updated Aug 12, 2026