Stock Market Week Ahead: Chipmaker Aims For 9th Straight Triple-Digit Gain
The stock market is experiencing a positive trend, with the S&P 500 achieving its ninth consecutive weekly gain. The Nasdaq has also shown strength, recording eight gains in the past nine weeks. Notably, the computer hardware and peripherals sector has seen significant growth, with a 69% increase in May.
- ▪The S&P 500 has achieved its ninth straight weekly gain.
- ▪The Nasdaq has recorded eight gains in the past nine weeks.
- ▪Three industry groups rose more than 40% in May, with computer hardware and peripherals gaining 69%.
Opening excerpt (first ~120 words) tap to expand
Investing Action Plan Stock Market Week Ahead: Chipmaker Aims For 9th Straight Triple-Digit Gain Licensing ALAN R. ELLIOTT 09:15 AM ET 05/30/2026 The stock market saw the S&P 500 notch its ninth straight weekly gain, while the Nasdaq added its eight gain in nine weeks. Distribution days remain low: two each on the Nasdaq and S&P 500. During the month of May, three of IBD's industry groups rose more than 40%. The computer hardware and peripherals group gained 69%. Solar stocks collectively……
Excerpt limited to ~120 words for fair-use compliance. The full article is at Investor's Business Daily.
Discussion
0 commentsMore from Investor's Business Daily
