Equities erased their December losses, with the S&P 500 set for an eighth straight up month – the longest winning run since 2018. Tesla Inc. and Nvidia Corp. led megacaps higher. Despite bouts of volatility and concerns about the AI trade, tech has led the market to the upside this year, and it will probably be the difference between a positive and negative December, said Chris Larkin at E*Trade from Morgan Stanley.
