Megacap Tech, Post-Election Rally Propel S&P 500 Toward Record Annual Growth Rising 24% YTD

Benzinga

The S&P 500 is on track for its best annual gain, driven by strong megacap tech performance and a post-election rally. The index has risen over 24% year-to-date, printing over record highs and adding nearly $6 trillion in market value. Nvidia's earnings and influence on major indexes highlight its pivotal market role. Analysts suggest pro-growth policies and deregulation could sustain momentum. Corporate earnings growth and strong consumer spending also bolster optimism.

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00:00It's Benzinga bringing Wall Street to Main Street. The S&P 500 is on track for its best annual gain

00:05driven by strong mega cap tech performance and a post-election rally. The index has risen over 24%

00:11year to date printing over record highs and adding nearly six trillion dollars in market value.

00:16NVIDIA's earnings and influence on major indexes highlight its pivotal market role.

00:20Analysts suggest pro-growth policies and deregulation could sustain momentum. Corporate

00:26earnings growth and strong consumer spending also boasts our optimism. For all things money

00:30visit benzinga.com slash gstv

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