S&P 500 Caps Fifth Monthly Gain as Rally Shows Signs of Fatigue

  • Cash poured into stocks in July at fastest pace since 2014
  • After record high, stocks oscillate between gains and losses
Photographer: Michael Nagle/Bloomberg
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Bulls keep squeezing gains out of the U.S. equity market, sending the S&P 500 Index to its longest streak of monthly gains since 2014 just two weeks after reaching a record.

How much more juice is left in a rally that showed signs of lethargy as the month wore on is another question.