S&P 500 Posts a Record High on Optimism the Fed Can Achieve a Soft Landing

From Nasdaq: 2024-03-28 18:10:17

Stock indexes closed mixed on Thursday with the S&P 500 at an all-time high. Market supported by Q4 GDP upward revision, lower core PCE. Energy stocks rally with crude prices up. Fed Governor Waller’s hawkish comments lead to higher bond yields. US stocks have carryover support from a rally in European stocks. Substantial earning reports expected on 4/1.



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