U.S. stock markets are experiencing a mixed performance as the S&P 500 and Nasdaq Composite extended their winning streaks to eight consecutive sessions, marking the longest run in 2024. This rebound follows a significant decline in market volatility, with the Cboe Volatility Index (VIX) dropping below 15, reflecting increased investor confidence. Key contributors to the rally include strong performances from technology stocks, particularly Nvidia, which has surged significantly since early August. Meanwhile, Kohl's struggles continue, with heavy put options trading indicating bearish sentiment, and DexCom is the worst performer on the S&P 500 after failing to regain momentum. Analysts from Goldman Sachs have reduced recession fears, suggesting that consumer health concerns are overstated, which has bolstered market optimism. Corporate earnings reports have further influenced trading, with Palo Alto Networks showing strong results, while Lowe's provided mixed guidance.