S&P 500 will keep rallying to hit a new record high this year: strategist

The S&P 500 could reach a new all-time high before the end of 2023, according to Carson Group's Ryan Detrick.The S&P 500 has climbed 15% in 2023, powered higher by Big Tech stocks.

The index is likely to hit a new all-time high before the end of the year, Carson Group's top strategist said Thursday.Sign up for our newsletter to get the inside scoop on what traders are talking about — delivered daily to your inbox.

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Stocks end sharply higher, S&P 500 scores longest win streak since 2021U.S. stocks booked big gains on Thursday, a day after the Federal Reserve skipped a June rate hike, but indicated more increases could be on the table this year. The Dow Jones Industrial Average jumped about 430 points, or 1.3%, ending near 34,409:
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