#Stockmarket 'Unstoppable' as S&P 500 Hits 43rd All-Time High This Year Despite Economic Turmoil
The stock market’s benchmark index, the S&P 500, has rallied by more than 20% so far this year and is currently posting its “biggest gain since 1997” even amid soaring geopolitical tensions and growing concerns of a potential financial crisis.
According to the economics outlet Kobeissi Letter on the microblogging platform X (formerly known as Twitter), the S&P 500 has nearly doubled the 11.7% increase it saw last year and its third-best performance since 1990, while also recording its “best start to a presidential election year in history.”
