Open account

S&P 500 Shatters Records in 7-Week Winning Streak, Deutsche Bank Cites Earnings Surge

The S&P 500 has smashed records with seven straight up weeks and improving market breadth at 65%, as Deutsche Bank attributes the rally to robust earnings, Fed patience, and sector broadening beyond megacap tech. It started with a April 13 conflict shock—Brent crude spiked 7.39% to $102.24/bbl, S&P futures fell 0.73%—but earnings optimism (~16% growth) held firm. By April 14, it recouped March losses amid M&A buzz in AI and healthcare, plus 12.5% Q1 EPS forecasts, despite recession odds at 33% and higher yields.

Category

US 500

Sentiment

Mixed

Event

Institutional outlook

Reading time

1 min