S&P 500 Trading In Second-Narrowest Range Ever, Bespoke Investment Group Says

Core Viewpoint - The S&P 500 is experiencing its second-narrowest trading range in history due to ongoing tariff uncertainties, with a year-to-date range of 2.7 percentage points between its high and low [1] Group 1: S&P 500 Performance - As of the latest data, the S&P 500 is up 1.94% year-to-date at its closing high and down 0.71% at its low [1] - The only year with a narrower range than the current 2.7 percentage point spread was 1966, which had a 2.1 percentage point range [1] Group 2: Economic Indicators - Analysts indicate that the economy appears to be stable, described as "good but not great" [1] - Positive macro-signals are being sent from the semiconductor and transportation sectors [1] - The interplay of oil prices, the dollar, and interest rates is expected to provide a supportive environment for equities [1]