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Phil Rosen reports that the S&P 500 is on track to achieve its 10th consecutive winning week, a milestone not seen since 1985.
At that time, Ronald Reagan was president and Microsoft had just released Windows 1.0. The S&P 500 traded at 211.28 in 1985 compared to 7,584 today.
Rosen recently highlighted the equal-weight S&P 500 reaching record highs, with the index trading nearly 7% above its 200-day moving average. He also reported that Teradyne has surged 83% this year amid rising AI and robotics revenue. Both developments contribute to a run of strong performances across US equities.