Market Rally's Resilience Amid Mixed Signals

While the market recently reached a new closing high on the S&P, there are signs that the rally's momentum may be fading. Despite pockets of strength in areas like technology and financials, investor sentiment appears cautious, with doubts about how various sectors will benefit from ongoing changes in regulation and economics. For instance, concerns about tariffs and government agency policies are creating a 'wall of worry' that investors must navigate. This backdrop raises questions about whether the market can sustain its upward trajectory as it faces mounting uncertainties.