S&P 500 Near Record Highs Spur Calls to Rethink Passive Investment Strategy
Even as a federal government shutdown loomed, the S&P 500 kept surging to new all-time highs. The index, which tracks large-cap U.S. equities, has soared nearly 90% since the current bull market began three years ago, driven in part by advances in AI, according to Morgan Stanley Wealth Management.