US equities reached a record high as the S&P 500 hit its 52nd all-time peak, buoyed by a ceasefire between Israel and Hezbollah and anticipation of key inflation data. The economy is growing steadily, with consumer spending leading, while the Federal Reserve is expected to implement gradual rate cuts as inflation moderates. Sectors like technology, utilities, and financials are projected to benefit from structural growth drivers, with the S&P 500 forecasted to reach 6,600 by the end of 2025.