Copyright financialpost

The Magnificent Seven Index is set for its seventh consecutive monthly gain, a streak that was exceeded just once ever. The S&P 500 Index rose 0.2 per cent as of 12:31 a.m. in New York. The benchmark is poised to notch its sixth-straight month of gains after soaring nearly 40 per cent from its April nadir in one of the fastest recoveries in stock market history. The technology-heavy Nasdaq 100 Index rose 0.5 per cent on Friday.