S&P 500's Record Streak Boosts High Beta, Momentum ETFs

Wall Street has been on a solid run in recent weeks, making a series of new record highs. The S&P 500 notched its fifth consecutive record close last week, and its 14th record close of 2025. SPDR S&P 500 ETF Trust (SPY) , the proxy version of the S&P 500 Index, gained 1.5% last week and has risen 9.3% so far in 2025. The rally has been bolstered by solid corporate earnings, resilient economic data and growing optimism that trade tensions may ease. The booming AI craze, Fed rate cut hopes and retail investor ...