🔥BULLISH: S&P 500 hits a NEW ALL-TIME HIGH at 7,844.
SPX is up 0.8% as Wall Street bets on a huge AI-driven Q3 earnings season.
The index is now worth a record $71.3 TRILLION, up 24% from its March 30 low, helping push the total US stock market above $82 TRILLION.
That’s roughly 7.5X China’s market and 28X Germany’s.
And it’s happening despite multi-decade-high Treasury yields, elevated oil and September’s brutal bond sell-off.
For now, AI earnings momentum is OVERPOWERING the macro pressure.