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The S&P 500 equal-weighted index also closed at a record.
The S&P 500 equal-weighted index closed at a record, showing a broad-based market rally.
KEY POINTS
- The Philadelphia Semiconductor Index hit a new all-time high, with Arm Holdings surging 14%.
- Energy stocks led S&P 500 sector gains with a 27% advance, while financials and healthcare declined.
- Seven megacap tech companies are expected to drive over half of S&P 500 EPS growth this quarter.
- Bank of America clients drove record $6.8 billion in equity ETF inflows last week, reversing previous selling.
COMPANIES
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