The S&P 500 climbed to a fresh record high of 7,750 on Tuesday, extending its gain to 5.8% over the past four trading sessions.

That marks the SPDR S&P 500 ETF Trust (NYSE:SPY)‘s strongest four-day rally since April 2025, when markets surged after the Trump administration announced a 90-day pause on reciprocal tariffs for most U.S. trading partners.

The latest advance suggests investors are once again embracing risk, fueled by strong earnings, easing macro concerns and renewed momentum in AI-linked stocks.

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