S&P 500 Soars to 7,108 Record High on Resilient Earnings Momentum

The S&P 500 has surged to a new all-time high of 7,108.11, propelled by strong bank earnings signaling robust consumer and corporate health amid potential recession risks. Motley Fool analysts highlight meaningful drivers like Meta's projected $243 billion digital ad revenue overtaking Alphabet, Netflix's Q1 earnings beat via a $2.8 billion termination fee despite slower 13% growth guidance, and AI investments such as Meta-Broadcom custom silicon deals. This rally follows a 53-week recovery from a 19% drawdown, with experts urging plan-driven investing over timing amid volatility.