The S&P 500 is on track to end an eight-session winning streak as traders also await April PCE inflation data expected to hit 3.8%

The S&P 500 climbed 0.9% last week to notch its longest weekly winning streak since late 2023.

The S&P 500 is on track to end an eight-session winning streak as traders also await April PCE inflation data expected to hit 3.8%

Oil prices recovered some of their steep losses from earlier in the week on Thursday, while US stocks remained close to record highs as major companies continued reporting strong…