The S&P 500 index reached a milestone by holding above its 20-day moving average, a feat that has only occurred four times in the past 50 years. This move comes amid growing optimism over the soft August 1 tariff deadline and a tentative trade deal between Japan and the US, with Prime Minister’s future intentions unclear.
Source: https://www.marketwatch.com/story/the-s-p-500-just-did-something-its-only-done-four-times-in-50-years-heres-what-happened-next-17fb18da