The stock market is surging. Will it last?
The stock market has been on a tear in recent weeks, shrugging off newly imposed tariffs, caution at the Federal Reserve and war in the Middle East.The S&P 500 has soared 20% since an April low suffered after President Donald Trump’s “Liberation Day” tariff announcement. Over that period, the tech-heavy Nasdaq has climbed 28%, while the Dow Jones Industrial Average has jumped 12%.Over the past month -- even as a U.S.-China trade tensions resurfaced and the Iran war broke out -- the S&P 500 climbed more than 5%.Concern among investors...