The S&P 500 has reached multiple record highs this year.
The S&P 500 has been roaring higher, registering gains of 24% and 23%, respectively, over 2023 and 2024, and right now heading for a new double-digit annual increase. The famous benchmark even reached record levels in recent days, reinforcing the strength of the current bull market rally.
What's been leading the way? Growth stocks, particularly companies involved in the artificial intelligence (AI) boom. Investors are excited about the potential of this game-changing technology and the value it may deliver to companies that got in on it early. The AI market is forecast to reach into the trillions early next decade, and that could result in major growth for companies involved -- and their shareholders.
On top of this, the Federal