Bulls and Bears: Market Reaches Record Highs Amid Inflation Concerns

  • 📰 cnni
  • ⏱ Reading Time:
  • 16 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 59%

Finance News

Market,Record Highs,Inflation Concerns

The S&P 500, Dow Jones, and Nasdaq Composite have all reached record highs, while gold and bitcoin surge. Investors are feeling optimistic about the market despite renewed inflation concerns.

When the bulls come out to play, the bears are ready to pounce. The S&P 500 reached its 17th record-high close of 2024 on Tuesday, though it has since pulled back a bit from that milestone on renewed inflation concerns. The Dow Jones Industrial Average index has also set repeated record highs this year, and the Nasdaq Composite closed in February at a record high for the first time since 2021. Gold and bitcoin have also surged to all-time highs.

Unsurprisingly, several flashing indicators suggest that investors are feeling good about the market: • CNN’s Fear & Greed Index: The indicator, which measures seven barometers of market sentiment including the VIX, Wall Street’s most well-known measure of expected stock volatility, is in “greed” territor

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 326. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin Market Cap Records New ATH, Shiba Inu’s Double Digit Run Continues (Market Watch)Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Bitcoin Market Cap Skyrockets to $1 Trillion After More Than 2 Years: Market WatchCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Crypto Market Cap Hits $2 Trillion as Bitcoin (BTC) Price Taps $52K (Market Watch)Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Nvidia Surpasses Entire Crypto Market as AI Hype Picks Up SteamNvidia's market cap has surpassed $2 trillion, outstripping the entire crypto market's valuation
Source: Utoday_en - 🏆 295. / 63 Read more »