A rare technical signal is drawing attention on Wall Street, pointing to possible gains for U.S. stocks even as tariff concerns from major companies raise risks for the economy.
According to Benzinga Pro, the S&P 500 – as tracked by the SPDR S&P 500 ETF Trust, (NYSE:SPY) has gained over 5% in the past five trading sessions, driven by strong buying momentum across sectors. Tesla, Inc (NASDAQ:TSLA) stock surged 10% to $285.50 Friday afternoon, heading to its best weekly performance of 2025 with a 24% gain.
Particularly, over the last three trading days, more than 70% of stocks on the New York Stock Exchange (NYSE) posted daily gains — a clear sign of widespread market participation.
Also Read: Wall Street Recovers, Dollar Steadies As Trump Tempers Trade Fight, Signals …Full story available on Benzinga.com
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