S&P 500 Hits 27th Record High as Inflation Fears Ease
S&P 500 hit its 27th record close of 2024, rising 0.7% on Thursday as investors responded positively to a more benign inflation outlook.
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S&P 500 hit its 27th record close of 2024, rising 0.7% on Thursday as investors responded positively to a more benign inflation outlook.
Major US indices rally to record highs, driven by strong gains in consumer discretionary, tech, and communications sectors, reflecting broad market optimism.
Wall Street rallied to record highs Tuesday, with S&P 500 up 1.8% and Nasdaq surging 2.6%, driven by a resurgence in tech stocks after a two-month drought of records.