Bloomberg analyst: S&P 500 is expected to achieve fourth consecutive month of gains

According to a report by Bloomberg analyst Walter Bloomberg, the S&P 500 is expected to achieve its fourth consecutive month of gains ???? As of Thursday, the three major stock indexes have all risen by more than 2.5% this month, and the August market will close on Friday. ???? The S&P 500 and the Dow Jones Industrial Average (hereinafter referred to as the "Dow"): is moving towards a "four consecutive months of upward gains" (the longest consecutive increase cycle since September 2024). ???? Nasdaq Composite Index (hereinafter referred to as the "Nasdaq Index"): It is about to achieve its fifth consecutive month of growth, the best consecutive increase in the past 18 months. ???? Despite multiple resistances, the market has risen: the non-farm jobs report released on August 1 weak performance, Trump’s introduction of tariff hikes, and his move to fire Fed Director Lisa Cook. ???? The driving force behind the market's strength comes from three aspects: strong corporate profit performance, market optimism about the field of artificial intelligence (AI), and low trading volume (Note: The upward trend can still be maintained under light trading volume, which further highlights the market's buying resilience). ???? Both the Dow and the S&P 500 index hit record highs on Thursday, with the S&P 500 closing at a record high for the 20th time this year.