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S&P 500 Hits 52-Week High With 5%+ Surge in 4 Days, Microsoft Rallies 27% Overnight

2026-08-06 01:51:24

MSFT-1.36%

According to CNBC, the S&P 500 hit a new 52-week high yesterday (August 5) after surging over 5% in just four trading days—a move that has occurred only three times in the past 30 years, according to BTIG's senior market technician Jonathan Krinsky. Microsoft, meanwhile, rallied approximately 27% over the same four-day period, marking the second-largest such rally in the stock's history.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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