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Given that the economy's moving parts, policymakers' decisions, and investor behavior are seemingly consistent, it's reasonable to assume most of them more or less mirror one another. And it's true that while no two bull markets are exactly the same, certainly many of them are similar.

The S&P 500 faces short-term uncertainty from tariffs and rate hike risks, but its broader outlook remains bullish above 7,620.

The S&P 500 recently reached an all-time high. Stock market valuations are also at historically high levels.

The index is getting three new members this month.

The Nasdaq 100, Dow Jones and S&P 500 pull back as markets digest stronger-than-expected US jobs data and higher rates. Despite the initial pressure, the S&P 500 retains its broader bullish technical outlook.