Wall Street Momentum Trade Achieves Record Gains

Wall Street's momentum trade continues to succeed, delivering its best two-month gain on record, primarily driven by the strong performance of semiconductor stocks.

30 May, 13:00 — 30 May, 13:00

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marketwatchMostly Factual91d ago

Wall Street’s red-hot momentum trade is still winning, as strategy delivers best 2-month gain on record

The S&P 500 Momentum Index is ripping higher as semiconductor stocks power the stock market upward.

By Frances Yue

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Wall Street Momentum Trade Achieves Record Gains

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Wall Street’s red-hot momentum trade is still winning, as strategy delivers best 2-month gain on record

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