The S&P 500 enjoyed a total return of 10.6% in the first quarter, following a robust rally in the final quarter of 2023 that have taken its cumulative gains since the end of September to 22.3%.

"The S&P 500's current streak of gains is nothing short of historic," said the Market Intelligence Team at Nasdaq in its quarterly review and outlook.

"The first quarter marked the index's second-consecutive quarter of double digit gains for only the ninth time since 1940. Historically, this has been a bullish signal, as the prior eight occurrences were all followed by positive 12 month gains."

TheSPDR...