Breaking 5,000 is unlikely to slow the index’s rise, experts say as reports highlight resilient US economyUS stock markets hit another historic high on Friday, with the S&P 500 closing above 5,000 for the first time.The broad-based index of the largest and best-known listed companies has been driven higher by a series of reports underlining the US’s resilient economy and retreating inflation. Continue reading…
Source link : https://www.theguardian.com/business/2024/feb/09/sp-500-stock-index-5000
Author : Callum Jones in New York
Publish date : 2024-02-09 21:06:25
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S&P 500 closes above 5,000 for first time amid stock market rally
