S&P 500 and Nasdaq continue winning streaks, stock market rallies

The S&P 500 and Nasdaq both finished the week on a high note, with the S&P 500 reaching levels not seen since August and the Nasdaq logging its seventh straight winning week. This comes as the stock market experiences a bull market, with the S&P 500 notching its fourth straight positive week and touching its highest level since August.

Tech stocks have played a major role in the recent rally, with narrow tech rally churns continuing to drive gains. The rebound in tech stocks helped Wall Street close up for the day.

Investors are also keeping an eye on the ongoing pandemic and the state of the economy, as concerns over rising cases and new lockdown measures continue to impact markets. However, the positive news of vaccine candidates and the potential for more stimulus from the government are helping provide optimism for investors.

Overall, the stock market is showing signs of resilience and continues to rally despite challenges, and investors are keeping a close eye on the market’s momentum and potential areas for growth.