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The prospect of the S&P 500 reaching 6,000 was closely linked to the expectation the Fed would continue cutting interest rates well into 2025, which didn't materialize as expected.
Investors are cheering signs of a potential truce in the acrimonious feud between President Trump and Elon Musk, and a monthly jobs report which topped estimates.
The benchmark index broke out from a pennant pattern last week, indicating a continuation of its recent move higher, while ...
The benchmark S&P 500 added +1% to end at 6,000.36 points, its first close above that mark since February 21. Meanwhile, the tech-focused Nasdaq Composite ended +1.2%, and the Dow finished +1.1%.
S&P 500 reaches 6,000 for the first time in 15 weeks. May NFP shows job gains at 139K, above the 130K consensus. AVGO, DOCU stocks shed weight on earnings guidance. Musk and Trump patch up their ...
The S&P 500 SPX ended Friday at 6,000.36, after a gain of 1%. That leaves it just 2.3% below its record finish of 6,144.15 set on Feb. 19 and marks the first close above 6,000 since Feb. 21.
Middle East tensions and Powell’s inflation warning have markets on edge. The S&P 500 clings to the 6,000 level, but a slip could trigger deeper losses.
The S&P 500 reclaimed an important psychological milestone on Friday when it traded above the 6,000 level. That hasn't happened since February. The last time the S&P 500 closed above 6,000 was on ...
The three major US indices all look strong over the longer-term, but they have all been a bit overdone recently. At this ...