April capped off a powerful run for equities, delivering the strongest monthly performance since 2020. The S&P 500 surged to a fresh all-time high, while the Nasdaq Composite decisively broke above 25,000 for the first time, underscoring continued leadership from growth and technology stocks. The week closed on a strong note as “Mag 7” earnings confirmed that the AI buildout remains firmly intact, with the world’s four largest hyperscalers unveiling plans to spend more than $700 billion in capex. Adding further fuel, oil prices fell roughly $4 by midday trading, easing inflation concerns and supporting broader market momentum.
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