S&P weekly streak & index ATH push
Key Questions
What is the S&P 500's current winning streak?
The S&P 500 notched its longest weekly gain streak since 2023, up 18% from lows, with SPY and QQQ approaching all-time highs.
How are Fed hawkishness and Walmart caution affecting the rally?
Comments from Fed's Waller and Walmart's cautious outlook provided counterpoints to the rally, tempering enthusiasm even as indexes pushed higher.
What does the S&P streak signal for market sentiment?
It reflects strong bullish momentum from March lows, though Fed policy concerns and earnings caution suggest the rally may face resistance near ATH levels.
S&P notches longest win streak since 2023 (+18% from lows) with SPY/QQQ nearing ATH; Fed hawkishness (Waller) and Walmart caution counterpoint rally.
Sources (2)
Updated May 23, 2026