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The S&P 500 is on the cusp of the seventh great breakout since the 1990s: BofA’s Hartnett

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Risks for stocks seem to be fading as markets focus on rate cuts and tax cuts.

June 27, 2025
12:05 PM
2 min read
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Advanced ➔ Results The S&P 500 is on the cusp of the seventh great breakout since the 1990s: BofA’s HartnettPublished: June 27, 2025 at 8:05 a.

ETResizeListen(3 min)The S&P 500 could be on the cusp of a breakout, notes one analyst.

Photo: Getty Images/iStockphotoDespite repeated crises, the S&P 500 SPX is on the cusp of a seventh great breakout since the 1990s, a widely ed Wall Street analyst says.

Stocks have been hit with numerous shocks in the first half of 2025, ranging from DeepSeek to “liberation lay” to the Iran-Israel tensions to a possible U. Government shutdown.

But none of these so far has succeeded in materially derailing . the Author Jules RimmerJules Rimmer is a reporter in London.

Rimmer spent more than 30 years as a trader and stockbroker in financial , starting at Salomon Brothers in the Liar's Poker era, taking in ING Barings, Jefferies and ending it in emerging at Investec.

He hung up his headset and pivoted to journalism in 2021. Show Conversation (0) Copyright © 2025 MarketWatch, Inc. All rights reserved.

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