A Historic Run for U.S. Equities Wall Street just wrapped up an extraordinary month. The $NASDAQ(.IXIC)$ delivered its best two-month performance since October-November 2002, surging an impressive 25% across April and May. Meanwhile: $S&P 500(.SPX)$ Best two-month stretch since 2020. Dow Jones: Best two-month performance since 2023 and S&P 500: 9 consecutive weeks of gains. All three major U.S. indexes are now trading at or near all-time highs. The Headlines Look Great… But the Market Is Telling a Different Story Despite the record highs, most stocks actually finished lower on Friday. Out of the 11 S&P 500 sectors: Technology: +1.9% Financials: +0.6% Consumer Staples: -2.0% Energy: Lower Comm