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S&P 500 Clocks New Record High As Near-Record Winning Streak Continues

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The S&P 500 hit a new all-time high of 7,126.06 on 17 April 2026, extending its winning streak to 13 consecutive daily gains—the longest such run since 2017. Market optimism grew as CME’s FedWatch Tool signaled a 70% probability of a single 0.25% interest rate cut by December 2026, with the Fed’s next policy meeting slated for 9 December. Economic growth forecasts remained stagnant, with the Atlanta Fed’s GDPNow model holding its 2026-Q1 real GDP estimate at +1.3%, unchanged from the prior week. The prolonged rally reflects investor confidence in easing monetary policy and resilient corporate earnings, despite modest economic expansion projections. Analysts note the streak’s rarity, with historical data showing only five longer sequences of daily gains in the index’s 65-year history.
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S&P 500 Clocks New Record High As Near-Record Winning Streak Continues

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Ironman at Political Calculations3.41K FollowersFollow5ShareSavePlay(12min)CommentsSummaryThe S&P 500 continued its bullish run in the trading week ending on Friday, 17 April 2026.The index closed out the week at 7,126.06, a new record high following 13 consecutive days of higher closes.The CME Group's FedWatch Tool projects a rising chance of a single quarter-point rate cut in 2026, most likely to be announced after the Fed's Open Market Committee meets on 9 December (2026-Q4).The Atlanta Fed's GDPNow tool forecast of real GDP growth in 2026-Q1 was unchanged at +1.3%, the same as at the end of the preceding week. AlexSecret/iStock via Getty Images The S&P 500 (SPX) continued its bullish run in the trading week ending on Friday, 17 April 2026. The index closed out the week at 7,126.06, a new record high following 13 consecutiveThis article was written byIronman at Political Calculations3.41K FollowersFollowIronman is the alias of the blogger at Political Calculations, a site that develops, applies and presents both established and cutting edge theory to the topics of investing, business and economics. We should acknowledge that Ironman is either formerly or currently, and quite possibly, simultaneously employed as some kind of engineer, researcher, analyst, rocket scientist, editor and perhaps as a teacher of some kind or another. The scary thing is that's not even close to being a full list of Ironman's professions and we should potentially acknowledge that Ironman may or may not be one person. We'll leave it to our readers to sort out which Ironman might behind any of the posts that do appear here or comments that appear elsewhere on the web!

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