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The S&P 500 gained 0.34% this week with Friday's close at 6,939.03. January's monthly close is a new all-time high monthly close. All stocks were not created equal in January, and there is material evidence to suggest that long-term investors can benefit from diversifying their equity ownership —something that hasn’t been equitable or necessary for a long, long time.
Even though the S&P 500 limped across the finish line in December, it still delivered another fantastic year. The index gained 16.39% in 2025 (17.88% including dividends), marking its third consecutive year of double-digit gains. Considering where the S&P 500 stood at April’s year-to-date lows, down more than 17% at the time, the full-year result looks even more impressive. What's next? Have a read!
The S&P 500 gained 0.71% this week, closing Friday at 6,840.20. The index has now risen for three consecutive weeks, and Friday’s close marks a new all-time high on a weekly basis. The S&P 500 finished October on Friday, gaining 2.27% and closing at a fresh all-time high monthly close. The index has now risen for six consecutive months, with each of the last five setting a new all-time high monthly close. To say we’ve gone streaking is an understatement - the S&P 500 is on fire.
The S&P 500 gained 1.09% this week with Friday's close at 6,715.79. Friday's close is a new all-time high weekly close. The S&P 500 finished the month of September on Tuesday this week, closing at 6,688.46, a gain of 3.53% for the month. September's monthly close is a new all-time high monthly close and marks a five-month winning streak for the S&P 500. The primary trend across all time frames is bullish, so the path of least resistance remains to the upside.
The technical picture for the S&P 500 remains cloudy with limited visibility. Since turning the calendar to August, the index has been mostly crawling to the upside. The S&P 500 is higher by 2.24% since July's monthly close at 6,339.39. This too is a tale of two sides of the coin. This sets the stage for an escalator up and elevator down scenario, but there's no reason to panic!
The S&P 500 fell -2.36% this week with Friday's close at 6,238.01. The index opened Thursday's session at a new all-time high at 6,427.02, but that's where the S&P 500 decided to slam on the brakes. While the forecast for the S&P 500's returns over the coming year look bright, the forecast for the index's returns in August look a bit murky.
