Strategists say clients are expecting a stellar earnings season.
The cryptocurrency could go even higher late in the year.
Energy has emerged as July's top performer so far, while bets around AI, US dollar weakness and other themes start to flag.
Yields on longer-maturity government bonds rose slightly as the Treasury looks to auction $22 billion of 30-year debt.
Traders are seeking a new catalyst to fuel equities.
Despite move to cleaner fuels, trade body expects growth.
Earnings season could be set to disappoint investors.
Automakers, appliances among those products that will become costlier.
"Considerable uncertainty" around timing, size, and duration of tariffs' potential impacts divides Federal Reserve officials.
Following a choppy first half, investors have piled back into the AI trade as mega-cap tech giants announce big spending plans.