By Frances Yue and Joseph Adinolfi
During midterm years, summer tends to coincide with a weak stock market
Will stocks stand up to the heat this summer?
The U.S. stock market was riding high heading into Memorial Day weekend, as the S&P 500 cemented an eighth straight week in the green on Friday - its longest winning streak since 2023.
Major indexes have continued to climb, even as rising bond yields around the world have started to ratchet up the pressure. Yet as June nears, technical strategists are offering a word of caution.
