S&P 500 breaks the 2021 all-time high

<p>The S&amp;P 500 just edged above the 2021 all-time high of 4818. A weekly close above that would be particularly bullish.</p><p>The past two days of buying have been remarkably strong despite higher Treasury yields. On the day, the index is now up 0.8% to 4820, up 40 points.</p><p>Technically, the weekly close will be important but there's now nothing standing in the way for further gains, technically. </p><p>The heatmap of the winners today has Traveller's Insurance and Paypal as the only two 5% gainers but nearby are a handful of chipmakers that have been the heart-and-soul of the rally over the past year.</p>

This article was written by Adam Button at www.forexlive.com.