S&P 500 posts longest winning run since January

The surge in megacaps sent the S&P 500 above 5,500, with the gauge notching its longest advance since January. Tesla Inc. jumped 9.8% while Alphabet Inc. climbed on solid results. Equities briefly lost steam as Trump suggested another delay to reciprocal tariffs was unlikely, and he wouldn’t drop levies on China without “something substantial” in return.

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