S&P 500 Hits Record High Above 7,400

From a March 30 low of 6,344, the index climbed over 16% to close near 7,399, driven by tech giants like Nvidia up 16.6%, Alphabet at 25%, Apple 13.6%, and Amazon 21.9%. The Nasdaq-100 topped 29,000 and the Nasdaq Composite set a record too, fueling Wall Street optimism. Yet some traders flagged concerns, noting 5% of S&P stocks at 52-week lows-a rare signal seen before downturns in 1929, 1973, and 1999