S&P 500 Returns to Record Highs on 'Magnificent Seven' Strength
The S&P 500 has reclaimed its record territory, largely driven by a resurgence in the 'Magnificent Seven' group of megacap technology stocks, which have returned to being a primary driver of the U.S. equity market.
S. equity market. After spending much of the past year moving sideways, the "Magnificent Seven" names have been staging a comeback.