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U.S. stocks moved higher in May, with the S&P 500 capping off nine consecutive weeks of gains. The market’s upward momentum was fueled by red-hot artificial intelligence (AI) stocks, as investors remained largely unperturbed by continued shipping disruptions in the Strait of Hormuz. Beneath the surface, however, the S&P 500 increasingly represents a concentrated bet […]
U.S. stocks moved higher in May, with the S&P 500 capping off nine consecutive weeks of gains. The market’s upward momentum was fueled by red-hot artificial intelligence (AI) stocks, as investors remained largely unperturbed by continued shipping disruptions in the Strait of Hormuz. Beneath the surface, however, the S&P 500 increasingly represents a concentrated bet […]
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