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Mar 12, 2024 · S&P nabs new record. 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 ...
- 2 min
- Alexandra Canal
Why a selloff may be overdue. Story by Joseph Adinolfi. • 2mo. The S&P 500 and Nasdaq Composite marched to record highs on Tuesday — their 27th and 15th of 2024, respectively. But beneath the ...
Jul 17, 2024 · The Dow surged Tuesday, recording its largest percentage in over a year. It had help from UnitedHealth Group. The health insurer’s stock, which is weighted highest in the Dow, was up over 6% ...
Jul 5, 2024 · Nasdaq Composite crosses 18,000 for first time ever, S&P 500 breaks 5,500. US stocks rallied on Tuesday as investors digested fresh commentary from Federal Reserve Chair Jerome Powell, who cheered ...
- Karen Friar
- 6 min
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%. The CME's FedWatch Tool now pins the ...
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What's going on with the Morningstar US market index?
May 21, 2024 · The Morningstar US Market Index is up 11.4% for the year and nearly 29% over the past 12 months. Except for a pullback in April, the index has steadily reached one new high after another since ...