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The S&P 500 has set a new historical record

July, 03 2024

The S&P 500 index reached a new historic high at the close of trading on Tuesday, receiving support from the optimism of Wall Street traders and expectations of a Federal Reserve interest rate cut. The index reached 5,509 points after the statement by Fed Chairman Jerome Powell about the return of the United States to the path of disinflation. For the first time in its history, the S&P 500 recorded a level above 5,500 points, which marked the 32nd record high this year and continued... Read More

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