Why Wall Street strategists are cautious about stock market’s recent records
Stocks staged a historic comeback from their April lows, finishing the first half of the year on a high note with the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) securing back-to-back all-time records. A large part of the market’s gains has hinged on easing geopolitical tensions and tariff-related deescalations, including the emergence of the so-called…