Strong earnings and an overall downward trend in inflation have helped fuel a surge in the S&P 500 that few would want to miss.
But with much of the index’s 30 per cent rise over the past 52 weeks stemming from just a handful of stocks, such as artificial intelligence play Nvidia Corp, some market watchers fear there may be a melt-up unfolding.Get exclusive reports and insights with more than 500 subscriber-only articles every month