S&P 500 hits new record high, poised for weekly gains

From Dow Jones & Company: 2024-07-12 15:37:00

The S&P 500 reached a new record closing peak, with stocks poised for weekly gains. This signals positive momentum in the market, reflecting investor confidence. The surge in stock prices is attributed to strong economic data and corporate earnings reports. Analysts predict continued growth in the stock market moving forward. Overall, the current trend in the stock market is positive, with the S&P 500 leading the way towards higher levels of profitability for investors.



Read more at Dow Jones & Company: Stock Market Today: S&P 500 trades above record closing peak, with stocks on track for weekly gains – MarketWatch