Gelonghui May 23| JPMorgan trading said steady growth in Nvidia and the U.S. economy means the S & P 500 may have room for further gains. "As the AI theme continues and the macro assumptions remain intact, the team, including Andrew Taylor, director of US market intelligence, wrote in the report5lionslotWe may continue to create new historical highs." He believes that the combination of U.S. GDP growth at or above trend levels, positive corporate earnings growth, and the Federal Reserve's suspension of interest rate hikes will constitute a bull market. The S & P 500 index edged higher on Thursday and is on track to hit its 25th new high this year.

5lionslot| Morgan Stanley: Nvidia and economic momentum will drive the S & P 500 Index to a new high