Markets

Wall Street Review: S&P 500 and Nasdaq Log Longest Record Streak in a Year

Investors were buoyed by the closing of trade deals and steady bond yields, despite mixed earnings.
Wall Street Review: S&P 500 and Nasdaq Log Longest Record Streak in a Year
Traders work on the floor of the New York Stock Exchange on July 23, 2025. Spencer Platt/Getty Images
Panos Mourdoukoutas
|Updated:
0:00

The rally in U.S. equities gained strength this week, with both the S&P 500 Index and Nasdaq Composite Index reaching new record highs amid the closing of trade deals, steady bond yields, and mixed earnings.

The Nasdaq posted its longest streak of consecutive record closes in more than a year, hitting new highs for 10 sessions in a row. Meanwhile, the S&P 500 also closed at a record high for five consecutive sessions.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”