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S&P 500 closes above 5,000 for first time amid stock market rally

The Guardian on The Guardian



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

Copyright for syndicated content belongs to the linked Source.

Tags : The Guardian

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