Stock Market Today: S&P500 closes at record high after briefly topping 6,000

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Stock Market Today: S&P500 closes at record high after briefly topping 6,000

Investing.com-- The S&P500 closed at record highs Friday, after hitting unprecedented milestones intraday, spurred by ongoing optimism that a second Trump administration is likely to boost economic growth.Stocks racked up major gains for the week, with some on Wall Street touting further gains ahead.

Hartnett suggests that investors favor sectors expected to benefit from potential Trump-era policies, including financials, REITs, and small caps, with an emphasis on those less exposed to long-duration debt risks.The reading was highest since April, as consumers turned more bullish on the economy, expecting an improvement in personal finances.

Traders were seen pricing in a 76.1% chance the Fed will cut rates by another 25 basis points in December, and a 23.9% chance rates will remain unchanged,) climbed 15% after President-elect Donald Trump reiterated that he had no plans to sell stock of the social media company.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

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:

 /  🏆 450. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

Stock market today: Asian shares gain as China releases plan for market supportAsian shares are higher after China's central bank released plans for supporting stock markets through share repurchases.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian shares gain as China releases plan for market supportAsian shares are higher after China's central bank released plans for supporting stock markets through share repurchases.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: S&P 500, Dow in fresh record close as Netflix shinesStock market today: S&P 500, Dow in fresh record close as Netflix shines
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 shrugs off weaker jobs report to close higherStock market today: S&P 500 shrugs off weaker jobs report to close higher
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: Asian markets are mostly higher after another winning close on Wall StreetAsian shares are mostly higher after U.S. stocks rose to records to close out their latest winning week.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Asian markets are mostly higher after another winning close on Wall StreetAsian shares are mostly higher after U.S. stocks rose to records to close out their latest winning week.
Source: wjxt4 - 🏆 246. / 63 Read more »