Wall Street says stock market euphoria has echoes of 1999, but a firmer foundation

May 11, 2026
wall-street-says-stock-market-euphoria-has-echoes-of-1999,-but-a-firmer-foundation

Wall Street is flashing signs of a stock market melt-up, or a rapid and unexpected rise in stock prices, and some strategists are drawing uncomfortable parallels to the dot-com bubble of the late 1990s. The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) hovered at record highs on Monday as markets are having one of the best earnings seasons in years,…

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