Investor skepticism turns to optimism as U.S. stock rally rolls on

Investors who were once afraid of equities are now concerned about not having enough, following a 15% year-to-date increase in the S&P 500. This rally is bringing doubtful investors back into the market, and those who had previously downsized stock holdings during 2022’s decline are now shifting gears, with some buying calls at levels not seen in years. While some fear the market is overheated and has risen too quickly, others believe the rally still has room to move, citing the greater number of stocks heading higher as an encouraging sign.

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