Search results
- The Dow Jones Industrial Average (^DJI) surged more than 700 points on Tuesday to secure another all-time closing high. The benchmark S&P 500 (^GSPC) also notched another record amid growing conviction an interest rate cut is near. Positive earnings across multiple sectors, along with a surprise retail sales report, helped fuel the rally.
Jun 13, 2024 · The S&P 500 and Nasdaq Composite marched to record highs on Tuesday - their 27th and 15th of 2024, respectively. But beneath the surface, signs of weakness proliferated, as Apple Inc.'s...
People also ask
Why did stocks roar past their record highs on Tuesday?
What drove stocks past record highs on Tuesday?
What's going on with the Morningstar US market index?
Why did tech stocks push higher on Tuesday?
Mar 12, 2024 · US stocks ended Tuesday's trading session in a sea of green with the S&P 500 (^GSPC) notching a new record high as investors shrugged off hotter-than-expected inflation data. The S&P 500...
- 2 min
- Alexandra Canal
May 21, 2024 · The US Economy Continues to Grow. According to Michael Arone, chief investment strategist at State Street Global Advisors, the biggest tailwind for stocks has been an unexpectedly healthy...
Aug 18, 2020 · Stocks roared past their record highs Tuesday, powered by rising tech shares and robust quarterly earnings from retailers such as Walmart and Home Depot. The S&P 500 index closed at a...
- 6 min
Dec 12, 2023 · A group of 51 stocks in the benchmark equity index swept to record finishes on Tuesday, the most since April 20, 2022, according to a tally from Dow Jones Market Data. Stocks that logged a record...
Jul 16, 2024 · The Dow Jones Industrial Average (^DJI) surged more than 700 points on Tuesday to secure another all-time closing high. The benchmark S&P 500 (^GSPC) also notched another record amid growing ...
- 5 min
- Alexandra Canal
Jun 17, 2024 · Why stock market indexes are breaking records. Much of the current rally is being credited to the increased likelihood of a looming interest rate cut by the Federal Reserve. The Fed's counter-inflation policies have resulted in the CPI coming down from a 41-year high of 9.1% in June 2022 to its current 3.3%.