Mag 7 reaches all-time high and leads S&P 500, Ryan Detrick notes

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24.09.2026

Mag 7 reaches all-time high and leads S&P 500, Ryan Detrick notes — Mag 7 drives S&P 500 to record

Ryan Detrick, chief market strategist at Carson Group, observed that the 'Mag 7' has returned to a record level, with technology and communication services driving the S&P 500 to new highs.

Detrick also highlighted that the Federal Reserve may be less hawkish than it currently appears. In a discussion with another market commentator, he noted that the Mag 7 is once again leading the index.

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Detrick recently examined the likelihood of a U.S. Federal Reserve rate hike and discussed its potential market impact in a previous analysis. He has also predicted that the S&P 500 could approach 8,000 as long as the index holds above its June high, according to earlier commentary. These views frame his current assessment of large-cap tech stocks and central bank policy.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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